Source:
USA TodayBP and its partners in the blown-out Gulf well said Monday that thousands of fishermen, seafood processors, restaurants, hotel owners and others may not yet have the right to sue over the spill, Reuters reports.
In court papers, BP, Transocean Ltd and Halliburton Co said most alleged victims who have filed about 400 lawsuits must first take their claims to a $20 billion fund established by BP, according to the story. They said the independent fund, demanded by President Obama, would have 90 days to pay the claim or reject it.
The fund, run by the Obama administration's former executive pay czar Kenneth Feinberg, could presumably pay most of the stronger claims, such as those by resorts with oil-tainted beaches, and leave weaker ones to BP and its partners, Reuters reports. BP's incoming Chief Executive Bob Dudley has told analysts that the fund would be sufficient to meet claims.
Read more:
http://content.usatoday.com/communities/greenhouse/post/2010/09/bp-gulf-victims-cannot-sue/1
Filing claims directly with BP was a nightmare. Filing claims with the fund is much worse.
http://blog.al.com/live/2010/09/feinberg_to_attend_orange_beac.htmlOrange Beach residents hoped that Feinberg would improve the system, but conditions have not improved.
"If anything, it’s gotten worse," Kennon said. "Before there was at least a person that a claimant could talk to, now it just goes into a black hole and all you see is a computer screen. . . "We all would love to talk to a live adjuster as we did when we had the BP process," Sherrill said. "There’s so much emotion and stress in a situation and you can’t get any answers."
Kennon said many business owners have tried to keep their businesses open until Labor Day, but now do not know what will happen. "They’ve tried to stay open, but they don’t know how much longer they can go on," Kennon said.
And now BP wants to take away people's direct access to the court system. BP is hoping that by the time Feinberg is done torturing people with his non-existent claims process, people won't have any remaining resources with which to take BP to court.