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re: this has turned out to be a really lame oil spill.

Posted on 8/1/10 at 12:32 pm to
Posted by JasonL79
Member since Jan 2010
6398 posts
Posted on 8/1/10 at 12:32 pm to
quote:

quote:


From what I have heard from actual family that are fisherman is that some were compensated and some were not. And some were only compensated partially what they should have been compensated.



i bet you they didn't keep accurate records or file their taxes properly. that is not BPs fault


Do you work for BP or know this firsthand?

quote:

you're being lied to


Again do you work for BP? I know how my situation played out and several others. How do you know you know you aren't being lied to by BP? Do you actually believe all of their commmercials?
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423792 posts
Posted on 8/1/10 at 12:46 pm to
quote:

Do you work for BP or know this firsthand?

i just spent a week with about 40 fishermen who are affected by the oil spill and i asked most how bp was handling the claim. all said that bp wasn't giving anyone with records trouble

they were just bitching a little that bp isn't paying as much now, b/c bp paid many a ton early on and isn't paying that much now

they're also mad b/c they want to take the bp money AND fish (double dipping), and some have lost their bp claim for it. these people feel they're entitled to max out the money no matter what the underlying equity is

quote:

Again do you work for BP?

nope. i work in the field who sues the BPs of the world. i was trying to gather information on how valuable a suit would be (and for everyone who wants to try to get me in trouble, these are all current clients of another situation so no ethical rules were violated)

as of now, i'm staying as far away from a BP suit as i can. with the offset from the amounts paid, the recovery will be shite and it will take for fricking ever to sort this out

defense firms are going to make a killing on this though
Posted by ItTakesAThief
Scottsdale, Arizona
Member since Dec 2009
9263 posts
Posted on 8/1/10 at 2:33 pm to

quote:

From what I have heard from actual family that are fisherman is that some were compensated and some were not. And some were only compensated partially what they should have been compensated.



i bet you they didn't keep accurate records or file their taxes properly. that is not BPs fault


Yeah some people aren't able to recover because they cannot prove the income.

In other situations, the tax return will reflect the gross total income for the year. However, BP is very likely subtracting overhead costs, (fuel, labor, expenses etc) from the gross total, since the overhead was not incurred to arrive at a net profit figure.

Some might not agree with the gross income being offset for overhead costs.
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