Tag Archives: Feinberg
BP tries to cut budget to slow payment of BP Claims
Patrick Juneau, the Claims Administrator of the Deepwater Horizon Settlement has stated he believes BP is attempting to slow down the BP Claims process.
Continuing to ask for budgets cuts, payment halts, and appeals, is all part of their scheme to keep as much money for themselves as possible. If you’ve been following the settlement and keeping up with the ongoing proceedings, you would know this is nothing new.
We have talked to processors and Attorneys who have seen up to a 400% spike in BP appealing claims over the last 5 weeks.
For the fourth quarter, BP has asked for a $25.5 million budget cut for the processing of BP Claims through the Deepwater Horizon Court Supervised Settlement. A few months back, they had also asked for a budget cut for the third quarter but were denied by Judge Barbier.
The budget being requested for the fourth quarter is based upon the claims administrators supported estimate of costs needed to employ enough staff to keep BP claims at the current backlog rate. Of the over 200,000 claims that have been received by the settlement there are over 88,000 that have not yet begun review.
Why is it taking so long to process BP Claims?
BP figures the more roadblocks they throw at the claimants, the more people will become frustrated and give up. They challenge the settlement and the claimants every step of the way. Juneau requested the budget to hire an additional 100 accounts to review complex Business Economic Loss Claims, but was shot down by BP. What does that mean? The claims process will continue to drag on at the current rate of processing; slow and not so steady.
The probing into the settlement conducted by Louis Freeh revealed that Brown Greer, an independent processing group hired by BP and the Plaintiffs Steering Committee, resisted the Claims Administrators Office’s efforts to create efficiencies and control costs. It is important to note that Brown Greer was negotiated into the Settlement by BP.
It has been said that Brown Greer just wants to promote the business and financial interests of their own company. Brown Greer`s monthly fee from the settlement is over 15 million dollars.
After following Brown Greer and their strategy to slow down the BP Claims process during the GCCF era, and now the BP Settlement era, one can only wonder if they are in collusion with BP, and that is why BP negotiated them into the Settlement.
You would think after the debacle that the GCCF was, that the last thing anybody would want is to leave the company that was in charge of processing the bulk of the claims in play at any capacity, but no BP insisted that their role would continue into the Settlement. BP clearly has an agenda and Brown Greer is a part of that agenda.
After seeing the writing on the wall, the BP Settlement Leadership was smart enough to bring in Postlethwaite and Netterville to assist with expediting BP Claims for the BP Settlement. This took time for them to realize, for many businesses and individuals it only exacerbated their current economic condition. Postlethwaite and Netterville has done an excellent job in processing BP Claims for the DeepWater Horizon Settlement.
Brown Greer slowed the claims process during the GCCF era, indeed forcing many people to take Quick Pays, this pattern continued into Settlement, It is because of this negligence, ineptitude, and sheer contempt, that those who were forced to take Quick Pays should be allowed to comeback to the table under the Settlement or some other apparatus. These people deserve to be made whole, not to be Victimized a second or third time by a processor that clearly has it`s own agenda, and it certainly is not helping the people of the Gulf Region.
Since Brown Greer was also involved in processing claims for the GCCF when it was in existence. Many claimants and attorneys believe they should be investigated for mishandling claims during that era. Did Brown Greer stall the claims process for the companies own interests?
Look at the history. They worked with Feinberg who was hired by BP to create the quick pay option which robbed many people of the settlements they rightfully deserved. They delayed in paying people, and that placed many in or near bankruptcy, businesses and homes were lost due to their lack of action. Those that took quick pays should be allowed back to the settlement, or at least a chance for a recalculation to compensate for actual losses.
All of this being said, this is Brown Greer`s history. In the end, the only interests they have served are their own, and BP`s.
It has been rumored that Brown Greer is attempting to take control of aspects of the BP settlement, and exude it`s influence. We have seen this firsthand, and we can tell you this it`s not helping people get paid, actually it`s quite the opposite.
Find out if you Qualify for the BP Settlement
If would you like to find out if you qualify to file a claim, don’t hesitate to contact us today for a free claim evaluation. The deadline to file all claims is vastly approaching. Call us today at 1-800-BP-CLAIM or complete the form on this page, and we will contact you within 24 hours.
Article Source: BP Claims
Author: Brittany Rader
BP Settlement and How We got Here
The days are coming to a close when you will have to decide whether you are in or out of the BP Settlement. It’s actually very sad that some of you will have to wait years to ever see a penny from BP.
They deployed their strategy long ago through Feinberg, when he made certain that many of your claims would never see the light of day; through the delay, deny, and defend tactics employed by unscrupulous insurance companies. When he replaced World-renowned Claims Adjusting Companies with Law Firms with no experience in this sort of matter, to Process your claims, we all got screwed.
I am not saying that this was intentional on his part or their part, but when you look at a typical textbook play of how to thwart payments to claimants after natural disasters, major manufacturing mishaps, and pharmaceutical negligence you can now add the BP Oil Spill to the list.
If the BP Settlement survives, and I am betting it will, certain businesses that only show losses in 2010, but not 2011 will be the major winners. Individuals and businesses without a clear-cut or well-documented cases will simply have to wait. People who made a living from the Gulf will be compensated in some cases but most will be lost for years in the system. There needs to be some wiggle room, so that more people/businesses can fit into the Settlement framework.
And, we needed a better sample set of claims that would get PAID under the Settlement, but I am afraid a certain Processor made sure that would not happen, and used incompetence as the mechanism; very legal, very smart, and very shameful.
This trap was set a long time ago when Obama met with BP and struck the 20 Billion Dollar Deal. When Obama hired Mr. Feinberg he allowed BP to pay him and let him play by their rules.
Obama should have seen this coming and protected us, but he let BP dictate everything, from clean up to Corexit, from payouts to processing, it was never in our hands, it was always in BP’s.
We have seen a wave of offers come through lately, and have been promised payments for them soon, but we have seen nothing in the mail and, the clock is ticking. It is difficult for many to stay in the settlement if your claim is in limbo, and before November 1, 2012, you have to make a decision to either stay, and find out you may not qualify, and get nothing, or go, and enter a third claims program actually run by BP, before you can even litigate.
The Settlement needs more time, the people need more time, the process needs more time. It is in my humble opinion, that the deficiencies of the BP Settlement have just begun to be addressed, and there is a great framework to work within here, but we need to see some fruit, we need to see how claims will be treated. There is just to much uncertainty, and that is leading to Fear, and to many people are capitalizing on that,
What Happens Next OPA, Opt Out`s, and Beyond
With the Opt-Out date looming, many of you will be told by Attorneys that you will need to Opt-Out now and sign with them immediately for the ‘Oil Pollution Act’ (OPA) presentment and maybe we can get you paid under OPA. You do NOT need an Attorney for OPA Presentment.
At this time, the Attorneys/Individuals/Consultants will need to have your basic information, and approximate loss figures into OPA, in by January 20th, 2012, so they can be formally presented by April 20th, 2013.
This will be the THIRD Claims process that many of you will be going through. Yes, the third claims process; this is how they wear people down.
Let me be clear hear, if you choose to Opt-Out you do not need to immediately sign up with an Attorney, if want help finding the best Attorneys that handle your type or types of cases, we can help you there, and we will.
In all Actuality you don`t even need an Attorney, not just yet, but be ready.
Do Not Opt Out Just Yet.
The leadership of the Settlement has done their best to get the system set up, and your claims processed as quickly as they could.
The reality is the odds were stacked against them from the beginning, and it took them too long to figure it out. Using the same processors that the GCCF used was ludicrous, and they were ordered to do so. People in high positions, based on past relationships trusted them, they were deceived.
Remember who hired them and fired the people that actually knew how to process these claims, yep, good old Mr. Feinberg. BP paid Mr Feinberg, and paid him well.
It gets better, or actually worse, under OPA presentment your claims will go to The BP Claims Program based out of Houston Texas.
The BP Claims Program is run by guess who, and administered by guess who, BP, it`s like taking the lambs to slaughter and guess who are the lambs?
That`s Right BP will be in-charge of paying your OPA Claim, so who in their right mind would be in rush to put their claim in their hands? Not Me.
It is my humble opinion and I am not an Attorney, that you can either be lead to slaughter or choose to fight; call your congressmen, your senators, and vote in the upcoming election.
Many of you on our Facebook page have talked about Marching, I suggest New Orleans, It`s all up to you.
Isn’t that how we do things here in America, so if your as fired up as I am, jump onto our Facebook page and lets start talking about the details.
I have been told that Judge Barbier and Mr. Juneau are very solid Southern Men. Gentlemen we have people dying out there, not just economically, but from the use of Corexit 9500. I was told last week that 3 out of 4 boys died from one family in Plaquemines Parrish from Liver Cancer. These boys were children.
Guys that worked the VOO are dropping like flies. We hear these stories on a daily basis and nobody is doing a darn thing about it.
BP is Negotiating with the Department of Justice
As I am write this, BP and the Federal Government are negotiating another BP Settlement with the DOJ that is suppose to bring as much as 80% of that revenue back to the Gulf States under the Restore Act. The number is in the Billions; speculation is between $15B-$21B May I suggest the feds step in and help renegotiate the Settlement that BP and the PSC came up with, and specifically give Mr Juneau and Judge Barbier some latitude and more power to handle this their way, and not have to ask BP or the PSC for permission. Things need to get done here!!!
It`s just a thought. If there was ever time to hold BP`s feet to the fire and get something done for the people I think now might be a real good time.
And One more Thing
The Macondo Well is still leaking, there is speculation from the Coast Guard and other sources it is an old riser pipe, well it`s been leaking for a really long time now.
The Oil was tested, and it is Macondo Oil and it is fresh oil, not mixed with the sludge you would find in a riser pipe, and does it not make this whole darn process null and void, under OPA, because you can`t settle a catastrophe while it is still happening. At least find out for sure where the oil is coming from first. Can anyone say R.O.V, c`mon now.
There is a six mile, and some days much bigger, Oil Stream coming from the Macondo Well. It sounds like the BP Oil Spill is STILL HAPPENING.
We would never be having this conversation had Feinberg done his Job, and actually paid Interim Payments.
We at BPClaims.org will do whatever we can do to Help You.
We have Never and will Never put Profit in front of People.
We have the most extensive network of Claims Processors and Attorneys throughout the Gulf Coast. They charge 15-25%.
We care and it shows, and we are going to call it like we see it, ’til everybody is made as whole as they can be. I mean everybody.