Kevin Costner wins suit filed by Stephen Baldwin over oil cleanup machines

(CNN) — A federal jury has rejected a lawsuit by actor Stephen Baldwin and a New Orleans businessman that claimed actor Kevin Costner and others tricked them out of millions of dollars in a dispute stemming from the 2010 Gulf oil spill, an attorney for Baldwin said Friday.

Baldwin and Spyridon Contogouris had said the fellow actor fooled them into selling their stock in a company that made oil spill cleanup machines the same week that BP placed a $52 million order for the technology.

The decision against Baldwin was made Thursday evening.

“The jury was doing their best to understand everything in a … seemingly complicated issue,” Costner told CNN affiliate WWL.

“They were really smart,” he said; it was “my good luck that they saw the truth of the story.”

Baldwin’s attorney, James Cobb, said he was disappointed with the decision.

“We believe we put on a case sufficient for the jury to find in our favor,” he said. “The jury found the other way.”

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NEW ORLEANS (AP) – A jury is set to hear closing arguments in the trial for Stephen Baldwin’s lawsuit against fellow actor Kevin Costner over their multimillion dollar business dispute in the aftermath of the 2010 oil spill in the Gulf of Mexico.

Lawyers for Costner and his business partner, Patrick Smith, rested their case Thursday.

http://www1.katc.com/news/closing-arguments-set-in-baldwin-lawsuit/

Costner downplays Baldwin’s role in BP deal

NEW ORLEANS (AP) – Kevin Costner says he never saw fellow actor Stephen Baldwin contribute anything to their company’s effort to sell oil cleanup devices to BP in the aftermath of the 2010 oil spill in the Gulf of Mexico.

https://battleofourtimes.wordpress.com/2012/06/07/costner-and-baldwin-go-to-court/