BP Liable for Punitve Damages for BP Claims
BP Claims Process and Punitive Damages
Judge Barbier ruled that under Maritime Law, business`s and individuals that were affected by the BP Oil Spill could sue BP for punitive damages. This is a major blow to BP. Punitive damages go beyond just the economic loss incurred. They are intended to punish the offender, so it doesn`t happen again. Extreme negligence will have to be proven on BP`s part. Article
How will this affect the BP Claims Process
As of now punitive damages aren`t compensated for in the Oil Spill Claims process. What is taken into consideration is Interim Claims. It has always been my position that it is best just to file BP Claims for Interim Payments, unless you really need the money, and I know many people do. Interim BP Claims allow you to sue BP at a later date, and if it looks like punitive damages are going to be awarded, you may want to reserve your right to sue BP, therefore you may not want to take a final settlement for your BP Claims.
Interim Settlements being offered for BP Claims
What we are seeing from people that have come through our site, is that many of them are receiving BP Claims Interim offers. Members of the BP Claims Team are having a very high level of success getting your claims paid. The Interim Claims are being accompanied by a Final Settlement offer, don`t take the offer if you don`t have to, as you give up the right to sue BP. The BP Claims process is evolving once again. We will Continue to keep you informed so you can make the best decision regarding your BP Claims.
BP Claims Dream Team: How it Works and How Much
All members of the BP Claims Dream Team work on a contingency basis, they don`t get paid until you do. They are all at the apex in their respective fields. They are highly respected by the Gulf Coast Claims Facility. Each member of our Team is it`s own separate entity. It is the goal of BPClaims.org to place you with the member of the Team that best suits your needs. We have helped over 10,000 Individuals and Business`s get the help they deserve. Over 150,000 people have gone to our website since it started in May of 2010. Members of our Team charge from 15% on up to 33.3% if you need the help of an Attorney. All fees are done on a contingency basis. When you fill out the form to the right, your information is forwarded to the member that best suits your needs on our BP Claims Team.