As mediation continues, states sue, Transocean files a Limitation of Liability Act case and more....All of a sudden the number of filed cases in Federal Court have mushroomed from 350 cases to 70,000. Yes, 70,000 you heard correctly. A lot of the filings were completed to beat an April 20th, 2011 deadline triggered by Transocean's filing.
The matter has turned into a "suing orgy"; Everybody is suing everybody, cross-claims and counterclaims are flying, British Petroleum has brought about $100 billion in claims as a plaintiff too, not to mention declaratory judgment actions and the like.
Florida intends to proceed under the Oil Pollution Act.....What a mess! No pun intended.....
Showing posts with label Gulf Spill. Show all posts
Showing posts with label Gulf Spill. Show all posts
Friday, May 6, 2011
Monday, March 14, 2011
Ken Feinberg; Did you know his firm is receiving $850,000 a month from British Petroleum?
As you know Ken Feinberg bas been mediating thousands of "oil spill claims" resulting from the " Gulf Spill" . Many of the claimants are unrepresented by counsel during the process. The National Law Journal reports that Mr. Feinberg's law firm has been receiving $850,000 a month from BP to adminster the fund.
Did anyone say"independent mediator"? A joke. Moreover, it is reported that he has concealed his ties to BP.
On top of all this, Feinberg has been sharply criticized by the "Gulf States Attorney Generals' and many plaintiff's attorneys.
Tough spot for Feinberg; But in my opinion it beats long, protracted litigation.
Did anyone say"independent mediator"? A joke. Moreover, it is reported that he has concealed his ties to BP.
On top of all this, Feinberg has been sharply criticized by the "Gulf States Attorney Generals' and many plaintiff's attorneys.
Tough spot for Feinberg; But in my opinion it beats long, protracted litigation.
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