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LexisNexis Litigation Resource Community Staff
over 11 years ago
Litigation
New Lawsuit Filings
Second Lawsuit Against Kenneth R. Feinberg, Feinberg Rozen LLP And Gulf Coast Claims Facility Removed To Federal Court
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...
LexisNexis Litigation Resource Community Staff
over 11 years ago
Litigation
New Lawsuit Filings
Lawsuit Targets Gulf Oil Spill Compensation Fund, Administrator Kenneth R. Feinberg
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...
LexisNexis Litigation Resource Community Staff
over 12 years ago
Litigation
News Headlines
91,000 BP Gulf Oil Spill Claims Filed, But Just 1 Final Payment
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...
LexisNexis Litigation Resource Community Staff
over 11 years ago
Litigation
News Headlines
BP Says It Wants To End Future Loss Claims For Gulf Oil Spill
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...
LexisNexis Litigation Resource Community Staff
over 11 years ago
Litigation
News Headlines
U.S. To Gulf Oil Spill Claims Czar: Loosen Purse Strings On Fund
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...
LexisNexis Litigation Resource Community Staff
over 11 years ago
Litigation
News Headlines
Few Taking Final Offers To Settle BP Oil Spill Claims
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...
LexisNexis Litigation Resource Community Staff
over 12 years ago
Litigation
News Headlines
U.S. Judge: Oil Spill Claims Czar Feinberg Not Independent Of BP
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...
LexisNexis Litigation Resource Community Staff
over 11 years ago
Litigation
News Headlines
Special Master Sought To Oversee Gulf Oil Spill Claims
(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...
Gregg Lawson
over 12 years ago
Litigation
Litigation Blog
Gulf Oil Claims Facility Payouts Total $1.7 Billion To Date
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...
LexisNexis Litigation Resource Community Staff
over 12 years ago
Litigation
Litigation Blog
Gulf Coast Claims Facility Now Processing Oil Spill Claims
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...
Gregg Lawson
over 12 years ago
Litigation
Litigation Blog
Plaintiff Attorneys Urge Oil Spill Victims To Pursue Litigation, Not BP Compensation Fund
MIAMI BEACH -- Plaintiff attorneys at a Gulf oil spill litigation conference have urged colleagues to advise clients to not accept money from the $20 billion BP compensation fund and instead pursue litigation. Some raw anger at BP spilled out June...
Shane Dilworth
over 10 years ago
Litigation
Litigation Blog
BP, Plaintiffs Agree To $7.8 Billion Settlement Of Gulf Oil Spill Claims
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...
LexisNexis Litigation Resource Community Staff
over 10 years ago
Litigation
Litigation Blog
BP Announces Preliminary $7.8 Billion Settlement With Plaintiffs Over Gulf Oil Spill
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...