Litigation

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Federal Board Questions Gulf Oil Rig Blowout Preventer's Design
Posted on 11 Apr 2011 by LexisNexis Litigation Resource Community Staff

METAIRIE, La. - (AP) A senior official for the maker of the blowout preventer that failed to stop last year's Gulf oil spill said Friday the device hadn't been tested to see if it could cut through a bent drill pipe. The firm hired by the government... 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

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

Oil Spill Legal Mess Likely One Of Costliest Ever
Posted on 27 Jul 2010 by LexisNexis Litigation Resource Community Staff

MIAMI - (AP) BP PLC and the other companies involved in the Gulf of Mexico oil spill are faced with fast-multiplying lawsuits that will provoke one of the most drawn-out and costliest legal battles in U.S. history, one that could easily consume the $20... 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

Closeness To Gulf Oil Spill The Key To Many Claims
Posted on 20 Aug 2010 by LexisNexis Litigation Resource Community Staff

MIAMI - (AP) Details released Friday about how claims will be paid from BP PLC's $20 billion fund show that how close geographically a person or business is to the Gulf oil spill will play a key role. The claims process is shifting from BP to the... Read More

BP Claims Czar Continues Gulf Tour Amid Complaints
Posted on 11 Jan 2011 by LexisNexis Litigation Resource Community Staff

LAFITTE, La. - (AP) The administrator of BP's $20 billion oil spill claims fund continues his two-day swing across the Gulf Coast with visits to two southern Louisiana towns. Attorney Kenneth Feinberg will meet with residents, business owners and... Read More

Feinberg Calls His Oil Spill Claims Work 'Unparalleled'
Posted on 22 Feb 2011 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) The administrator in charge of Gulf oil spill claims argues in a court filing posted Tuesday that the openness of the process has been "nothing short of extraordinary" and his efforts to compensate victims have exceeded what... Read More

Potential Scams Top 7,000 In BP Spill Compensation
Posted on 28 Jan 2011 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) The $20 billion fund responsible for compensating victims of BP's Gulf of Mexico oil spill has received more than 7,000 potentially fraudulent claims, many of which have been referred to the Justice Department for criminal investigations... Read More

BP Hikes Oil Spill Claims Czar's Monthly Fee To $1.25 Million
Posted on 28 Mar 2011 by LexisNexis Litigation Resource Community Staff

PASCAGOULA, Miss. - (AP) Documents provided by the administrator of BP's claims fund for Gulf oil spill victims show the oil giant agreed to increase his law firm's monthly compensation from $850,000 to $1.25 million. The documents furnished Friday... 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

Gulf Oil Dilemma: Accept Payout From BP Or Sue?
Posted on 9 Sep 2010 by LexisNexis Litigation Resource Community Staff

MIAMI - (AP) Alabama seafood market owner David Scott faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He can accept a piece of BP's $20 billion claims fund relatively fast, easy money or sue the oil giant... Read More

Gulf Oil Spill Claimants Offered New, Faster Option
Posted on 14 Dec 2010 by LexisNexis Litigation Resource Community Staff

OCEAN SPRINGS, Miss. - (AP) The administrator of a $20 billion fund doling out money to Gulf oil spill victims said Monday that people who want more cash can now get a quick check within two weeks, but there's a catch: Cashing it means giving up the... Read More