Tag Archives: bp oil spill settlement
BP Seafood Settlement Concerns
Perhaps the biggest concern we have after reading the BP Settlement is that the Seafood harvesters, people that directly make a living from the Gulf have a cap of 2.3 billion dollars when it comes to their BP Settlement.
That means that only 2,300 individuals or businesses can receive 1 million dollars. It is our belief that if any category needed to be uncapped it is this category, and BP knows that. There is growing concern for the Health of the Gulf and studies are coming out that echo that belief. See Here.
BP Seafood Settlement Multipliers
The multipliers for the people in the BP Seafood Settlement are generous, they range from 3.25-8.75, that means the payouts for the people in this industry are going to be HUGE. However if there is only 2.3 Billion dollars in the BP Settlement to pay these claims, that money is going to go fast, real fast. If you have a BP Seafood Settlement Claim it is suggested that you get your claim prepared immediately.
BP Seafood Settlement Documentation
There are various ways to prove your losses, we all know that the Seafood Business is a cash business for many people. It would be wonderful if everyone had w-2`s and bank statements and p and l`s, but that is just not the case. Trip tickets and receipts from processors do help. There are ways to recreate your records.
We have people that will help you, if you need it in this area. The important part here is to establish a loss in 2010 after the spill for 3 consecutive months, for many of you that is not hard. For some of you it is impossible as you were told to harvest as many oysters for example as you could before the oil got there. We are working through those issues.
BP Seafood Settlement Decisions
As we are going through the BP Claims Settlement, it is becoming apparent that it is more complex then what we were told it would be. Many of you will have multiple claims, and the calculations are not as simple as they were originally layed out.
There are some simple base line calculations such as putting 3 consecutive months together after the spill and then comparing them to previous years,but this is just one aspect of the calculation and does not include future trending or other multipliers that will apply. There are remedies if you don`t meet certain criteria.
Due to the nature of the BP Seafood Settlement process, we recommend that you engage with licensed Claims Adjusters that have represented claims of this nature for years and if you are dealing with consultants they at least have these relationships in place.
Attorneys are also an option and should be considered, the playing field for the BP Seafood Settlement has certainly shifted, we saw this coming, and have all of the above mentioned relationships in place for you.
How much does it cost to get Help with your BP Seafood Settlement Claims.
Our Adjusters typically charge 15% for documenting and preparing the claims, for large loss claims it maybe as little as 7.5%.
The key here is to have your documentation organized meticulously and being sure that all other areas for potential claim revenues have been explored, I can not stress to you enough the high likelihood of having MULTIPLE CLAIMS, if Attorneys are needed they will be brought in to help with your BP Settlement Claims.
One last thing here, the BP Settlement looks good overall, with one exception the BP Seafood Settlement was capped, if you are in that category you NEED to Act Now.
We will help you with your BP Seafood Settlement.
Moratorium BP Claims get Support
A large news syndicate has just reported that a member of congress, Rep. Joseph Landry of Louisiana, is calling for the New Settlement Agreement to accept BP Moratorium claims. The New Settlement Agreement is the Settlement Agreement that had been authored by the Plaintiff Steering Committee. Also, BP Moratorium claims have been historically denied by the GCCF, which we are sure you are all familiar with that policy by now.
As we advocate for different classes to be included in the BP claims settlement process, we are noticing a few changes. First, there is a medical class, now there is news breaking for the BP Moratorium claims, we wonder what will be next; Quick Pay Victims?
We’re working on it.
BP Claims and the Moratorium
This is a new development in the BP claims process, however, and it is big. This class of claims, BP Moratorium claims, now have a new ally in Rep. Landry. It would seem that, in regards to this class of BP claims, common sense is on the rise for BP Moratorium claims. After all, as you all know, the Spill occurred 4/20/10, President Obama ordered the Moratorium in May of 2010.
The legal justification that BP used to deny these particular BP claims? The President’s order issuing the Moratorium was an act of intervening cause that severed BP’s liability towards Oil Industry Workers. In other words, BP Moratorium claims were not being paid because of the President’s Moratorium. And, BP was allowed to deny these BP claims, and has been able to do so, without recourse or rebuttal, except from us, and some PSC members.
As you may not know, BP was able to exercise strong control over Feinberg/Rosen and the GCCF. It was most likely BP’s call to deny BP Moratorium claims. Another fund was setup to pay the claims but it was not easily understood or very successful. If it wasn’t BP’s decision to deny these BP claims, could it have been Feinberg’s? Possibly.
Fortunately, from what we are seeing with the new BP Settlement Agreement for BP claims, needed issues are being addressed and it should work for most claimants.
We would like to say that, ‘it’s all water under the bridge,’ but we cannot. There are thousands of Oil Industry Workers who have not been able to receive reimbursement for their losses after filing a BP claim. They were denied and many were laid off because of the Spill. This would mean that these workers have suffered, and have suffered, with BP’s policies towards BP Moratorium claims.
The news broke today. Moratorium BP claims have a fighting chance now and are being advocated for by a congressman. Please feel free to call us to discuss your BP claims.
Our stance on Moratorium BP Claims
Simply said, they should get paid, it is our position, everyone should be made whole, businesses, individuals, anyone that accepted Quick Pays, that were economically forced into it. We will not settle for less then the full economic restoration of the People of the Gulf, and Full Environmental Restoration. That is it, and that is our position.
If you need help with your BP Claims we advocate using Adjusters and Attorneys that have your best interests at Heart.
Adjusters start at 7.5% for large loss claims on up to 15%, and Attorneys start at 20%. If you would like to connect with them please fill out the form to the Right.
We would like to give a special shout out to our Friends at Deadliest Catch and the start of their new season, specifically the Guys on the Time Bandit and the Northwestern and for their help with the Survive the Spill Program we set up with their help and Catholic Charities, if you need charitable assistance by all means fill out the form to the right and we will get help to you. Please mention in the comments box, need help now.
We will Help You with your BP Claims.
The New BP Oil Spill Settlement Program
Patrick Juneau is an Attorney out of Lafayette Louisiana, he seems uniquely qualified to head up the BP Oil Spill Settlement Program, that will be court supervised. He seems to be a man of honor and integrity, who will be making this the swan song of his career. He is 74 years old, he is very charismatic and has a swagger. Lynn Greer of Brown Greer will head up the transition from the GCCF to the new BP Oil Spill Settlement Program.
We at BPClaims.org are very excited at the strong possibility of a more fair, and more generous system under the leadership of Mr.Juneau. We will continue to evaluate his policies and the behaviors of the apparatus around him. We have only had one goal since this all began, and that was to see people get paid, and the environment to be made whole.
Whats new in the BP Oil Spill Settlement Program
The new program promises to be easier and more lucrative then the the GCCF. The BP Oil Spill Settlement Program will be addressing may of the issues where the GCCF fell short. High on that list include:
Sick People, mostly Oil Spill Clean Up Workers but also residents and people that worked along the shore area. There are varying degrees of illness and compensation associated with this. If someone just felt ill they get x, if you had fallen sick and had to go to a medi-tent you get y, if you had gotten sick and had to go to the hospital you get Z. Much of this is done with sworn statements and medical records.
Economic Loss for Business and Individuals, it seems as this will be calculated by industry and geographic area with a higher multiplier and future trending calculation formula, much more beneficial for the claimant. The BP Oil Spill Settlement Program will also rely less on causation and more on Industry and the reliance to the Gulf and proximity to the Spill.
Owners and Lease holders of property directly affected by the Oil, if there was oil on your land you will be compensated under the the new BP Oil Spill Settlement Program.
Looking at the Settlement at this point, it should be viewed as a living, evolving document that will continue to be modified in the months to come.
How Does the BP Oil Spill Settlement Program affect You.
If you have a claim in with the GCCF and have received a final offer you can receive 60 percent of that money immediately. If you are eligible under the BP Oil Spill Settlement Program you can receive the remaining 40% or wait a few months and receive what should be a much higher award. Until the new program is fully executed claimants under the transition to the BP Oil Spill Settlement Program will receive 60 percent of the money awarded. BP Claims that come in after the transition will be figured entirely under the new program.
The new BP Oil Spill Settlement Program is suppose to be streamlined and much more generous, we advocate for this program if clients choose not to litigate and want to be made whole. If you choose to litigate and that is understandable after the duress that many had to go through with the GCCF, we have attorneys that want to speak to you. If you choose to go through the new BP Settlement Program we have consultants and Attorneys that can guide you through it with fees starting at 15% for non Attorneys and 20% with an Attorney.
We can Help you through the New BP Oil Spill Settlement Program.