Litigation

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BP Oil Spill Litigation Law Firm Wesley J. Farrell Becomes Farrell & Patel
Posted on 18 Jul 2011 by LexisNexis Litigation Resource Community Staff

MIAMI - The Law Firm of Wesley J. Farrell has announced that Ricky K. Patel has been named partner, and the firm will now be known as Farrell & Patel Attorneys at Law. The firm currently represents 600 hotels and other Gulf Coast businesses negatively... Read More

Second Lawsuit Against Kenneth R. Feinberg, Feinberg Rozen LLP And Gulf Coast Claims Facility Removed To Federal Court
Posted on 27 Jul 2011 by LexisNexis Litigation Resource Community Staff

Complaint Alleges Gross Negligence, Fraud, Fraudulent Inducement and Unjust Enrichment FORT MYERS, Fla. - A second lawsuit against Kenneth R. Feinberg, Feinberg Rozen LLP and Gulf Coast Claims Facility (GCCF) was removed from state court to the U.S... Read More

Gulf Coast Claims Facility Now Processing Oil Spill Claims
Posted on 26 Aug 2010 by LexisNexis Litigation Resource Community Staff

DUBLIN, Ohio -- Gulf Coast Claims Facility Administrator Kenneth R. Feinberg has announced that the Gulf Coast Claims Facility (GCCF) is fully functioning and will begin to process claims for emergency payment. All individual and business claims and supporting... Read More

BP Announces Preliminary $7.8 Billion Settlement With Plaintiffs Over Gulf Oil Spill
Posted on 3 Mar 2012 by LexisNexis Litigation Resource Community Staff

Estimated $7.8B settlement expected to be paid from $20 billion Trust BP has reached a settlement with the Plaintiffs' Steering Committee (PSC), subject to final written agreement, to resolve the substantial majority of legitimate economic loss... Read More

91,000 BP Gulf Oil Spill Claims Filed, But Just 1 Final Payment
Posted on 1 Feb 2011 by LexisNexis Litigation Resource Community Staff

OCEAN SPRINGS, Miss. - (AP) BP's compensation fund for Gulf oil spill victims has issued a final settlement payment to just one of the thousands of people and businesses waiting for checks, records show, and that $10 million payout went to a company... Read More

BP Says Oil Spill Claims Formula Is Too Generous
Posted on 18 Feb 2011 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) The administrator of the $20 billion fund for Gulf oil spill victims, under fire for red tape and delays, has been told by BP that his formula for determining final payments is actually too generous. A document purporting to be from... Read More

Oil Spill Claims Chief Announces New Payment Rules
Posted on 21 Feb 2011 by LexisNexis Litigation Resource Community Staff

JACKSON, Miss. - (AP) The administrator of BP's $20 billion Gulf oil spill fund announced new rules Friday on how final payments will be determined in the highly criticized claims process, but the central payment formula remained unchanged from a... Read More

BP Says It Wants To End Future Loss Claims For Gulf Oil Spill
Posted on 11 Jul 2011 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) BP is arguing that victims of last year's Gulf oil spill should not be paid any more claims for future losses because the areas affected by the spill have recovered and the economy is improving. The British oil company makes its... Read More

Problems Plague BP Oil Spill Compensation Fund
Posted on 5 Oct 2010 by LexisNexis Litigation Resource Community Staff

ORANGE BEACH, Ala. - (AP) In the rush to get compensation from BP after its massive oil spill, the $20 billion fund that the company created has been inundated with questionable documentation, inflated claims and in some cases, outright fraud all slowing... Read More

Gulf Oil Spill Claims Process Coming Under Fire
Posted on 15 Feb 2011 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) President Barack Obama vowed during a White House speech last June that the $20 billion he helped coax out of BP for an oil spill compensation fund would take care of victims "as quickly, as fairly and as transparently as possible... Read More

Few Taking Final Offers To Settle BP Oil Spill Claims
Posted on 3 Mar 2011 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) Records show that in the last two weeks more than 8,100 people and businesses have been offered final payments from BP's oil spill compensation fund, but few have accepted so far. Gulf Coast Claims Facility data show that only about... Read More

Oil Spill Claims Czar: Gulf Will Recover In 3 Years
Posted on 2 Feb 2011 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) The Gulf of Mexico should largely recover from BP's oil spill within three years, and all settlement offers to victims who lost revenue from the disaster will be based on that assessment, the administrator of the $20 billion compensation... Read More

U.S. Judge: Oil Spill Claims Czar Feinberg Not Independent Of BP
Posted on 4 Feb 2011 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) The administrator of the $20 billion compensation fund for Gulf oil spill victims is not independent from BP and must stop telling potential claimants that he is, a federal judge said in a ruling Wednesday that may spur more people... Read More

Special Master Sought To Oversee Gulf Oil Spill Claims
Posted on 28 Jul 2011 by LexisNexis Litigation Resource Community Staff

(AP) The lead attorneys for people and businesses suing BP over last year's Gulf oil spill want a federal judge to appoint a special master to oversee the claims process. They said in court papers Monday that administrator Kenneth Feinberg has been... Read More

U.S. To Gulf Oil Spill Claims Czar: Loosen Purse Strings On Fund
Posted on 7 Feb 2011 by LexisNexis Litigation Resource Community Staff

ATLANTA - (AP) The job of the administrator of the $20 billion fund for Gulf oil spill victims is not to preserve money or return it to BP, and he should loosen the purse strings to help people still suffering from last year's disaster, the Justice... Read More