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Friday
Feb102012

BP Oil Negotiations

BP Said to Seek U.S. Settlement of Spill Pollution Claims

Bloomberg
February 9, 2012

US officials and BP are negotiating a settlement regarding pollution claims amounting to as much as $17.6 billion in fines from the 2010 Gulf of Mexico oil spill. Under the Clean Water Act, the government can seek $1,100 per barrel of oil spilled and a judge can increase the amount to $4,300 per barrel if there is a finding of gross negligence.

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Reader Comments (1)

Everyone should encourage the Occupy Wall Street movement to get involve to help disabled claimants in the BP oil spill litigation. Because, as of now, only the interests of well-financed claimants are being represented by the attorneys that are tasked with representing all claimants:

The Rehabilitation Act of 1973, Americans With Disabilities Act, and prior Supreme Court cases, require that the new fund set up to compensate Plaintiff Steering Committee attorneys, that withhold 6% of settlements, as ordered by Judge Barbier, http://www.laed.uscourts.gov/​OilSpill/OilSpill.htm BE JUSTIFICATION for these attorneys to provide EXTENDED representation and advocacy to disabled claimants! Please bring this to the attention of others.

02.29.2012 | Unregistered Commenterrobert evans

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