Why BP May Regret Aggressively Challenging Oil Settlement Payments

By Mica Rosenberg | January 17, 2014

  • January 17, 2014 at 4:23 pm
    Stephen says:
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    BP, or British Petroleum I’m proud to say, has conducted itself admirably in the face of the questionable ambulance chasing US lawyers.

    My guess is, Barbiers actions over this will have implications for all companies in the future seeking to trade within the US and that you will never again see the sort of integrity as shown by this British Company.

    Barbier and co should enjoy the windfall while it lasts, as years of delay and questionable legal tactics lay ahead for the victims of the next big disaster.

    This is a quite interesting analogy
    http://www.independent.co.uk/money/spend-save/simon-read-if-a-cash-machine-pays-out-too-much-money-are-you-just-a-common-criminal-if-you-take-it-9068454.html

  • January 17, 2014 at 4:35 pm
    Stephen says:
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    I guess for Lawyers it’s fair game to take advantage of BPs naive notion that it was fairness that the ambulance chasers were after.
    But Just for the record, much more damaging to the US, is the legacy left behind those companies that will follow.

    This case has promoted the well founded idea that the US legal system and its administrators are greedy and cannot be trusted to act fairly.

    It’s quite strange that the US legal system is maintaining is that British petroleum should pay even the known fraudulent claims against it. We are all sure to remember this when we next make an insurance claim.

    BP and all that follow will also remember these actions and act accordingly the next time.

    You will find that no one will ever trust or treat the US fairly again.

  • January 18, 2014 at 8:30 am
    Stephen says:
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    Still no comments? how strange…..



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