Tag Archives: feinberg
BP settlement: immediate payments on Final offers
While the final, court-approved agreement has not yet been reached, there is plenty of good news coming out of the BP litigation, including immediate payments to those who have GCCF Final Payment offers they have not yet accepted, without requiring a … Continue reading
Coast Guard cites Transocean failures in BP Deepwater Horizon oil spill
A new 288-page report by the U.S. Coast Guard focuses mainly on negligence by Transocean that caused the Deepwater Horizon disaster in the Gulf of Mexico on April 20, 2010. The report also describes failures by, among others, the Coast … Continue reading
BP stalling claims payments so that Feinberg will take blame for denials
News reports say BP is delaying claim payments to avoid reports of “denials” of payments. Apparently, BP officials are attempting to put off any denials of claims until the process is turned over to Kenneth Feinberg, the federally appointed administrator … Continue reading