Tag Archives: Law
bird rocks oil rig

Second Federal Appeals Court Affirms BP Settlement Program, Said Injunction on Payments Should Be Lifted

Orlando, FL – (March 3, 2014) — The Fifth Circuit U.S. Court of Appeals in Louisiana today ruled against BP in its bid to try and stop or severely change the terms of the Deepwater Horizon Court-supervised Settlement Program.  The Appeals panel agreed by a 2-1 vote in support of presiding Federal Court Judge Carl […]

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BP Oil-Spill Settlement Approval Upheld by Appeals Court

Bloomberg-Approval of BP Plc (BP/)’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill was upheld by a U.S. appeals court. Objectors said the settlement was unfair and couldn’t be approved because it inconsistently compensated victims with the same types of economic injuries. London-based BP asked the court to […]

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BP Settlement Program Timeline for Compensation of Claims

• Early March 2012 – BP and the Plaintiff’s Steering Committee reach a negotiated settlement which, with court approval, will become the Deepwater Horizon Court-supervised Settlement Program (“DHCSSP”). Once approved, BP will terminate the Gulf Coast Claims Facility (“GCCF”), BP’s own claims center which had operated for nearly two years and paid out billions of […]

bird rocks oil rig

BP’s Back-Pedaling and ‘Woe is Me’ Tactics Reach New Low in Campaign to Cheat the True Victims of Oil Disaster

BP’s misinformation campaign has taken “twisting the facts to suit one’s needs” to a whole new level. The corporate giant is now cherry-picking claims that were paid per the very formulas BP stated should govern the Settlement Program, and claiming now that such payments were inappropriate and that such claimants were undeserving of the monies […]