June 8th Is the Bar Date for Claims in the BP Economic Loss Program

I've had a BEL claim pending since Dec. 2012. When the fock are they going to start PAYING again?

Only been waiting for my check for 5 years now. Funny, every other time someone owed me and I agreed to settle, I agreed to a lower amount and I got a check in 48 hours. With this deal I'm 100% guaranteed to not be made whole, and based on the S&P 500 I missed out on a 70% return on the money they owe me while they have delayed based on disputes that have no bearing on the validity or value of many of our claims.

The lawyers who negotiated this deal should be skulldragged. The BP lawyers screwed them by letting a bunch of crooks get into the class. The plaintiffs lawyers sold those of us with valid claims down the river, taking too small of a multiplier and not insisting on incentives/penalties to keep the process moving. They did a great job of lining their own pockets though.

Good to hear. I literally have ONE claim that I handled for a family friend, which turned out to be a BEL claim. I submitted the claim in Nov./Dec. 2012 and have gotten nothing but the runaround in the interim, obviously due to the unending legal battles.

I'd take anything on it at this point...

Is there any particular point of contact with whom I can speak to get a status update? (Aside from the assigned contact person who has been worthless.)

They made me a settlement offer in September of 2013 but they somehow screwed up and missed half the payroll info we submitted making the offer about 35% of what I am owed. After going back through all that crap with them the next round of appeals started and everything stopped for about a year.

They came back in Jan of this year with all of the same questions we ironed out in 2013 to get to the initial settlement offer. I literally have copies of signed and dated forms from 2 years ago that they have on file, and they sent me blank versions of them 2 years later asking me to fill them out again. Biggest f*cking goat roping I've ever seen.

I have a W-2 from the baseline year and a W2 from the spill year showing a $90,000 difference in commissions. Its criminal that after 5 years I'm still riding this merry-go-round of incompetence and stupidity. I hope those dirty brits lose every penny they have getting raped in the US courts.

quote:

---

tes fou

---

That sounds miserable, especially given it appears you're a claimant. I had to deal with something similar in that at some point in 2013 BP came back with an "insufficient notice" that I had to address and re-submit. Of course the claim status update has been saying "In accountant review awaiting an accountant to review" for more than a year since.

FYI for anyone interested:

quote:

---

Kenneth Feinberg, a renowned attorney who has overseen the claims process for such high-profile disasters as the 9/11 terrorist attacks and the BP oil spill, will deliver a public lecture April 7 at Tulane Law School.

---

LINK

You'll be charged a percentage of the recovery if one is made. Maximum fee is 25%, but you should get the work done for 20%. Call your CPA for a referral.