Litigation

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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

Lawsuit Targets Gulf Oil Spill Compensation Fund, Administrator Kenneth R. Feinberg
Posted on 4 Mar 2011 by LexisNexis Litigation Resource Community Staff

Complaint Alleges Gross Negligence, Fraud, Fraudulent Inducement and Unjust Enrichment TAMPA, Fla. - A first-of-its-kind lawsuit has been filed in Florida state court against the Gulf Coast Claims Facility (GCCF), its administrator, Kenneth R. Feinberg... 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 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

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

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

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

Gulf Oil Claims Facility Payouts Total $1.7 Billion To Date
Posted on 5 Nov 2010 by Gregg Lawson

MIAMI BEACH -- The Gulf Coast Claims Facility (GCCF) has received just shy of 350,000 emergency claims and paid out about $1.7 billion on just under 100,000 of them as of Nov. 5, according to Michael Rozen of Feinberg Rozen LLP in New York. Rozen... 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, Plaintiffs Agree To $7.8 Billion Settlement Of Gulf Oil Spill Claims
Posted on 5 Mar 2012 by Shane Dilworth

NEW ORLEANS - (Mealey's) BP PLC and plaintiffs in the federal multidistrict litigation court in Louisiana for claims arising from the explosion of the Deepwater Horizon rig and ensuing oil spill in the Gulf of Mexico reached an agreement on March... 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