gulf oil spill claims fund News

BP Wins Bid to Appeal Some Gulf Oil Spill Damage Claims

A U.S. federal appeals court said on Friday BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill. The decision by the 5th …

BP Opposes Using Spill Settlement to Pay Drilling Moratorium Losses

BP Plc’s oil-spill claims administrator shouldn’t be allowed to extend a settlement to cover the claims of losses caused by the Obama administration’s deep-water drilling ban, the company told a court. Lawyers for businesses claiming harm from the 2010 spill …

Probe Clears BP Oil Spill Claims Chief But Finds Staff Misconduct

An investigation led by former FBI Director Louis Freeh cleared the BP claims administrator of misconduct in handling settlement payouts from the 2010 oil spill in the Gulf of Mexico on Friday, but found some of his staff took kickbacks …

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 Ordered to Pay $130M Operating Costs of Gulf Oil Spill Claims Program

BP Plc must pay $130 million to a court-appointed administrator overseeing payments to thousands of people who claimed they were hurt by the 2010 Gulf of Mexico oil spill, a federal judge ruled on Wednesday, in a fresh legal setback …

Judge Denies BP Bid to Halt Oil Spill Claim Payments

A federal judge denied BP Plc’s attempt to suspend payments to people and businesses claiming damages related to the 2010 Gulf of Mexico oil spill, while an investigator —— former FBI Director Louis Freeh— looks into possible misconduct in the …

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 …

Some Victims Appeal Medical Benefits in BP Oil Spill Settlement as ‘Unfair’

The medical benefits portion of BP Plc’s settlement over the 2010 Gulf of Mexico oil spill is “substantively unfair” and approval of the accord should be reversed, lawyers opposing the agreement told an appeals court. The settlement, reached last year …

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 …