BP claims fund News

Mississippi Businessmen Seek $7.9M from Texas Lawyers for BP Claim Referrals

Three Mississippi businessmen argue in a federal lawsuit that Texas attorneys owe them $7.9 million for steering to them thousands of people seeking to resolve claims against BP from the 2010 Gulf oil spill. Gulf Coast businessmen Scott Walker, Kirk …

BP Seeks Halt to Oil Spill Payments to Seafood Firms, Alleges Attorney Fraud

BP Plc asked a U.S. judge to stop payments in the $2.3 billion seafood-industry portion of its settlement over the 2010 Gulf of Mexico oil spill pending an investigation of fraud claims against a plaintiffs’ attorney. BP yesterday also sued …

BP Wins Appeal Over Some Gulf Oil Spill Claim Payments

BP Plc won a legal reprieve in its effort to avoid payments to those whose losses were not traceable to the 2010 Gulf of Mexico oil spill, potentially sparing the oil company of extra costs. BP had agreed in 2012 …

Judge Denies BP’s Bid to Halt Gulf Oil Spill Payments Pending Investigation

BP Plc lost a renewed bid to suspend payments from the court-supervised program administering its settlement of claims tied to the 2010 Gulf of Mexico oil spill. An investigation of alleged wrongdoing at the Mobile, Alabama, claims assistance center didn’t …

Gulf Oil Spill Claims Chief Disputes BP Misconduct Charges

BP Plc’s allegations of misconduct in the program set up to pay claims in the settlement over the 2010 Gulf of Mexico oil spill were called unfounded by the administrator of the program. Patrick Juneau, the administrator, yesterday asked U.S. …

BP Says Rejection of Oil Spill Claims Appeals Could Scuttle Settlement

The settlement BP Plc reached last year with most private parties over the 2010 Gulf of Mexico oil spill could be scuttled if a U.S. appeals court doesn’t throw out the interpretation of payments being used by the claims administrator, …

BP Wants Gulf Oil Spill Claim Payments to Stop Until Probe Complete

BP Plc asked a federal judge to temporarily halt payments from the court-supervised settlement program set up after the 2010 Gulf of Mexico oil spill while Louis Freeh investigates possible misconduct. BP filed its request for an emergency halt to …

Court Asks Former FBI Director Freeh to Probe BP Claims

Former FBI Director Louis Freeh will investigate possible misconduct by a lawyer involved in making payments to settle claims by people and businesses affected by the BP spill in the Gulf of Mexico in 2010, the judge in the spill …

Lawyers Feast on ‘Crazy’ BP Gulf Oil Spill Claims

Until this year, Tampa attorney Kevin McLean specialized in suing nursing homes for neglecting patients. In January he switched the focus of his practice to a fund BP Plc established to compensate business losses from the 2010 oil spill in …

U.S. Accountants Group Backs BP on Curbing Oil Spill Payouts

A group of U.S. accounting professors is backing BP’s fight to rein in compensation it has to pay for the 2010 Gulf of Mexico oil spill, which is threatening to add billions of dollars to its growing bill for the …