Archive | October, 2013

What the Appeals Ruling Means to BP Claimants

The 5th Circuit Court of Appeals issued a ruling on October 3rd on BP’s appeal regarding how certain types of accounting principles apply when utilizing the Settlement Program’s economic formulas for computing the “amount” of a client’s claim for losses. Simply put, the 5th Circuit’s Order rules that Judge Barbier, the Claims Administrator, Plaintiffs’ counsel, […]