]BP Settlements Likely to Shield Top Defendants

[Jeffersons Ghost]

BP Settlements Likely to Shield Top Defendants
By IAN URBINA


WASHINGTON — People and businesses seeking a lump-sum settlement from BP’s $20 billion oil spill compensation fund will most likely have to waive their right to sue not only BP, but also all the other major defendants involved with the spill, according to internal documents from the lawyers handling the fund.

The documents — which include e-mails, draft and final versions of the protocols, claims forms and legal notes about the administration of the fund — provide the first definitive picture of who will be paid by the $20 billion fund, and how and when.

They also shed new light on the components of the payment plan that are likely to stir controversy, including the fund’s emphasis on geographic proximity as a determining factor for eligibility.

http://www.nytimes.com/2010/08/20/us/20spill.html?_r=1&ref=global-home

[QC]

1. This is impossible! The people here who were cheering the settlement assured us all

that liability would not be limited to what was in the slush settlement fund!

[QC]

2. Kicking sensibly. n/t