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BP Settlement News – BP Claim Update

BP ClaimBP Claim Update – BP ordered to fund the settlement for the third quarter

 

While BP is yet again trying to stall payment to claims filed through the Deepwater Horizon Court Supervised Settlement, a federal magistrate ordered them to pay $130 million dollars in fees to the claims administrator.

 

The judge ruled that BP must cough up the amount that was previously agreed upon as a part of the third-quarter budget. The settlement supervisor, Judge Carl Barbier, upheld this ruling after it was appealed by BP, even though the judge felt that BP had raised valid concerns in reference to fraudulent claims.

 

While the judges were aware of the ongoing concerns, they discerned that it was not plausible to cut off funding to the program with such short notice. Claims Administrator, Patrick Juneau believes the settlement would be in jeopardy of closing if it could not cover its expenses.

 

BP has asked for a stay on BP Claim payouts until the investigation taking place at the settlement program has ended. Louis Freeh, former FBI director, is looking into accusations of foul play by an attorney and other staff members that have been brought into question. Lionel H. Sutton III resigned in June because of allegations that before coming to work for the settlement he had referred several potential BP Claims to attorneys and was getting a cut of the proceeds. There were other allegations that a representative from a claimant assistance center in Alabama was helping claimants submit fraudulent claims for a portion of the proceeds.

 

The federal judge has not yet made a decision about the payment stall on BP Claims.

 

At BPClaims.org we believe in the integrity of the Deepwater Horizon Settlement. We believe that this institution is there to help the people. The claims process may be a slow process, but there are very strict guidelines that must be followed. A few bad apples would be found in virtually any organization that is inspected thoroughly.  That does not make the settlement as a whole corrupt. We know that Carl Barbier and Pat Juneau are fighting for the people of the Gulf, and that they will continue to.

 

In the meantime, let the BP Claim payments continue to roll out.

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