Litigation

Recent Posts

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

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

BP Waives $75M Cap For Some Oil Spill Claims
Posted on 19 Oct 2010 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) BP PLC informed a federal judge Monday that the company is waiving a $75 million cap on its liability for certain economic damage claims spawned by the massive Gulf oil spill. In a court filing, BP lawyers said the company is waiving... 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

Mississippi AG Sues Administrator Of BP Oil Spill Fund
Posted on 14 Jul 2011 by LexisNexis Litigation Resource Community Staff

JACKSON, Miss. - (AP) Mississippi's attorney general said Tuesday his office is suing the administrator of BP's $20 billion oil spill fund to get access to claims filed by coastal residents. Jim Hood said Tuesday that he has tried to negotiate... 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

Number Of Residents Denied BP Compensation Money Up Sharply
Posted on 2 Nov 2010 by LexisNexis Litigation Resource Community Staff

OCEAN SPRINGS, Miss. - (AP) Denied claims for Gulf of Mexico oil spill victims are rising dramatically because of a flood of new filings coming in without proper documentation or with no proof at all, the head of the $20 billion BP fund said Monday. Some... Read More

Obama: BP Agrees To $20B Fund; Chairman Apologizes
Posted on 16 Jun 2010 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - (AP) President Barack Obama and BP reached agreement Wednesday on a $20 billion fund to compensate victims of the disastrous oil spill in the Gulf of Mexico, and the giant British company's chairman apologized to America for the... Read More