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re: BP money

Posted on 6/5/15 at 3:02 pm to
Posted by Ice Cream Sammich
Baton Rouge
Member since Apr 2010
10117 posts
Posted on 6/5/15 at 3:02 pm to
Just because you can, doesn't mean you should.

Posted by OleBallCoach
Member since Nov 2007
989 posts
Posted on 6/5/15 at 3:11 pm to
(no message)
This post was edited on 11/17/15 at 9:51 pm
Posted by jordan21210
Member since Apr 2009
13410 posts
Posted on 6/5/15 at 3:14 pm to
quote:

by Ice Cream Sammich
Just because you can, doesn't mean you should.





When BP drew this thing up, they could have easily restricted the economic loss zones to south LA, MS, coastal AL and TX only. They could have also wrote in a clause that required proving your business had a direct impact from the oil...but they didn't.

Instead, the zones included the entire states of LA, MS, and AL, plus coastal FL and TX. They only excluded moratoria and service industry (CPA's and Lawyers) from filing claims - literally anything else is/was fair game. I'm not saying it's right...I don't think some businesses should have filed claims...but I don't think they are wrong for trying. BP put the money and the settlement on the table, if you meet their qualifications and they have no basis to appeal your claim - then why not?
This post was edited on 6/5/15 at 3:16 pm
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