The explosion at the Deepwater Horizon rig killed 11
workers
The US Supreme Court has refused to
allow BP to stop paying compensation claims while it awaits a review of its
settlement with businesses over the 2010 Gulf of Mexico oil spill.BP said despite the decision it would continue to seek a review of the
court's overall ruling on compensation. BP is unhappy it must pay some firms economic damages, whether or not they
can prove the spill caused them losses. The case has been working its way through the US justice system.
"The lifting of the injunction suspending the payment of business economic
loss claims will allow hundreds of millions of dollars to be irretrievably
scattered to claimants whose losses were not plausibly caused by the Deepwater
Horizon accident," said BP spokesman Geoff Morrell. However, lawyers representing the claimants said the ruling would "allow
businesses to continue to receive the compensation they're rightly entitled to
according to the objective, transparent formulas agreed to by BP".The explosion at the Deepwater Horizon rig, off the coast of Louisiana, killed 11 workers and caused the worst offshore oil spill in US history. In the wake of that disaster, BP reached the terms of a settlement to compensate businesses. The firm initially estimated it would pay $7.8bn in business claims. But the oil company has argued that the terms are being misinterpreted and that it would face paying compensation for false claims.
"No company would agree to pay for losses that it did not cause, and BP certainly did not when it entered into this settlement," BP said in an earlier statement. BP has previously said that unwarranted claims include a company that had a fire unconnected to the oil spill, and another business that closed before the disaster. Pay up and shut up BP. You caused the worst man made disaster in the history of the Gulf states and the citizens are still suffering for it. Not to mention the damage you have done to the ecology and aquatic life of the waters.
Jeannie ,
ReplyDeleteFinally, somebody ALMOST in the press is willing to write about the Jindal-BP connection:
And while big oil money flowed like liquor at the State Capitol (figuratively of course; it’s illegal to make or accept campaign contributions during the legislative session), what many may not know is that Jindal may have had an ulterior motive in going against sound legal advice to sign the bill into law, thus protecting the interests of big oil over the welfare of Louisiana citizens who have seen frightening erosion of the state’s shoreline and freshwater marshes.
The Washington, D.C., law firm Gibson, Dunn & Crutcher is one of the firms that represented BP in negotiating a $4.5 billion settlement that ended criminal charges against the company. Included in that settlement amount was a $1.26 billion criminal fine to be paid over five years.
An associate of Gibson, Dunn & Crutcher who has defended clients in government audit cases and in several whistleblower cases is one Nikesh Jindal.
He also is assigned to the division handling the BP case.
Nikesh Jindal is the younger brother of Gov. Piyush, aka Bobby Jindal.
Suddenly, John Barry’s words take on a little more significance: “We all assumed there was definitely something it in for them.”
Something in it for them indeed. Here is a website you should check out , it will shed more light on the subject .
Just my humble opinion .
http://louisianavoice.com/2014/06/09/did-jindal-tell-us-his-brothers-law-firm-represents-bp-before-signing-sb-469-we-didnt-get-the-memo-from-press-office/
Wow! Humble this is huge. I have to learn more about it before I can talk about it. Thanks for the website...fascinating and frightening when you connect all those dots.
ReplyDeleteMoney sure does corrupt.
PS: Now I understand why Nee says that Jindal is on her shit list. HA!
ReplyDelete