“In the midst of the oil spill in the Gulf of Mexico by BP drilling rig, Deepwater Horizon, a number of news outlets got a bunch of yuks with news that Kevin Costner was the potential savior for the crisis — that his company, CINC (“Costner in Nevada Corporation”), had developed a technology that separated oil from water.
In a new lawsuit filed in Louisiana District Court, actor Stephen Baldwin and a friend named Spyridon Contogouris claim they were tricked into selling shares of the company that marketed CINC’s technology.
According to the complaint, Contogouris was approached in the early 2000s by Costner’s representatives to market the actor’s technology to various customers. He says he entered into an agreement in which he would receive a commission on sales of units. . .” THR.Esq has the full story.
FASHIONENTLAW blog, authored by Ms. Uduak, was first established in 2010. It is now incorporated, in 2021, as part of the FASHIONENTLAW LAW FIRM blog. The blog is for informational purposes only and provides legal commentary and analysis on the intersection of mainstream America pop culture and the law. It also provides updates on Ms. Uduak’s speaking engagements and press activities. For inquiries on topics covered please email (email@example.com).