BP Spill Claims

July 9, 2011 by staff 

BP Spill ClaimsBP Spill Claims, BP Plc (BP.L) (BP.N) wants to limit future demands related to the disaster of the Gulf of Mexico oil spill in the region’s economy recovers, the oil company said in a document released on Friday. The strong Gulf economy and “there is no basis for assuming that the plaintiffs, with very limited exceptions, incurred a loss of future regarding the oil spill,” BP said in a filing with the Gulf Coast Claims Facility (GCCF).

Oysters, whose beds have been destroyed by oil, should be considered for future payments, the British oil company said.

Kenneth Feinberg is the fund manager GCCF 20 billion and established the urging of President Barack Obama to compensate individuals and businesses for losses related to the BP oil spill.

BP’s deepwater Macondo and broke in April 2010, causing a fiery explosion that killed 11 workers on the platform and dumped more than 4 million barrels of oil in the Gulf. The accident closed the waters to fishing, tourism and the government was disturbed deepwater exploration closed for months.

But now, Gulf residents are returning to work and industries are on the rebound, BP said, citing data from housing, fishing and others.

“The GCCF welcomes any input from all stakeholders from all sources, including BP,” Feinberg said in an email. “We all submissions” under consideration “.

BP supports the payment of legitimate claims and future losses that are justified, but the company is opposed to the GCCF “practice of taking future losses on certain claims,” ??the company said in an email.

In early July, the GCCF had paid $ 4.5 million in claims to 195,000 claimants. There are about 430 million and the value of the bids being considered by residents of the Gulf.

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