Exactly what is posted above.

BP settlements are based on whether you meet the payout requirements. One is income over certain periods of time before, during, after the spill. You can cherry pick those time frames. Another is your location relative to the coast. I know for a fact the BP wanted to allow claims in the entire state of LA, not specifically hold the claims within X distance from the coast. That last part has produced a lot of the "fraud" claims that BP is saying. Ironic thing is it was their plan that got implemented and they are now ticked off they screwed it up.

Also, there is fraud and waste that I know went on.

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Posted by Five0

Member since Dec 2009

11354 posts

Posted on 5/6/14 at 1:32 pm to eng08

For your reading pleasure: LINK

ETA: I think BP will win this based on:
504 U.S. 555
Lujan v. Defenders of Wildlife

This post was edited on 5/6/14 at 1:37 pm

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Posted by DeltaDoc

The Delta

Member since Jan 2008

16089 posts

Posted on 5/6/14 at 1:33 pm to eng08

BP agreed to the settlement terms and even defended it in court - and is now trying to back out of it. They knew or should have known what they were getting themselves into from the get go. It sounds like, at best, their beef is with their own lawyers and executives that crafted the original settlement terms and conditions.

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Posted by lsu13lsu

Member since Jan 2008

11489 posts

Posted on 5/6/14 at 5:19 pm to eng08

quote:
Also, there is fraud and waste that I know went on.

Everyone knew fraud and waste would happen. It was discussed in court by all parties. It was agreed that it was a necessary evil to get this taken care of swiftly and quickly.

BP agreed to it. It wasn't some complex agreement either. It was clear from the beginning that businesses that couldn't prove they were related to the oil and gas industry would file claims.

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