Independent Investigative Journalism and Commentary from New Orleans, LA
The Daily Death Toll ReportLast night the claim center had a heart.41 Denials issued40 Payments MadeNew stats to address 2,886 Eligible - NO Payment these are claims that are considered over paid by GCCF clearly not what was advertised. When a multiplier or 1 was reduced to a RTP of .25 “Includes RTP enhancements that are in virtually all cases equal to or greater than the “multipliers” under the GCCF stated methodology” Class members electing to take the 40% preserved under GCCF 2,864 these would be the ones that gave up on the settlement and took what was available “Fienberg quick pay all over again.” Both of these stats will escalate as the court vendors are wearing down the claimants. IN-HALE
While I was waiting for the daily stats to be posted I’ve reviewed the latest CA report # 22 as of July 1, 2014 and compared it to the CA report #14 on Oct 15, 2013 just when the injunction was issued. I can’t confirm these are directly related to the 9 months of delays, so I’ll leave it up to the public to decide. Maybe the CA will address or comment on these growing numbers. CA report dated Oct 15, 2013 page 11.“We have issued Bankruptcy Notices to 295 claimants with active claims who identified an open bankruptcy case on their Registration Forms.”CA report dated July 1, 2014 page 14 new Table 11. Claimants in Bankruptcy (a)Claimants with Active Bankruptcy Holds 1899Current Class - Members now in bankruptcy between the injunctions time period climbed 1604. IN-HALE
The Daily Slow Death Toll Report for July 31, 2014 Last night the claim center issued.47 Denials 24 of them were for causation “Sorry you didn’t pass our test”. 6 Payments to IEL claimants only for a Grand Total of $64,282.00IN-HALE
http://www.wwltv.com/news/BP-files-appeal-of-settlement-to-US-Supreme-Court-269701611.htmlBP asks SCOTUS to throw the entire settlement out.
http://www.wwltv.com/news/BP-files-appeal-of-settlement-to-US-Supreme-Court-269701611.htmlBP asks SCOTUS to throw out the entire settlement.
Maybe some of the lawyers representing claimants that did not opt out because they thought that they had valid claims (as per Shushan's suggestion that any claimant could determine the value of a claim by simply reading the settlement) but were then denied under 495, will get to file supporting briefs.
Sympathy for the Devil By Joe Nocera“Should you care that a big corporation that did an awful thing - and that has paid mightily for doing so - is now being hosed?” HELL NO theirs thousands of class members that haven’t seen a dime yet. “BP has put “causation” at the center of its legal claims. In other words, it is arguing that you can’t litigate on behalf of a class of people who weren’t harmed by the accident.”Well Joe it appears you never read the class definition or the causation requirements. They do have a causation test and currently 3,790 class members failed. Most of them can demonstrate their losses were caused by the spill even when their numbers don’t but they are left with no recourse. 1. CLASS DEFINITION.Economic and Property Damages Settlement Class shall mean the NATURAL PERSONS and ENTITIES defined in this Section 1, subject to the EXCLUSIONS in Section 2 below. If a person or entity is included within the geographical descriptions in Section 1.1 or Section 1.2, and their claims meet the descriptions of one or more of the Damage Categories described in Section 1.3, that person or entity is a member of the Economic and Property Damages Settlement Class, unless the person or entity is excluded under Section 2:I can’t believe Joe continues to deceive the public and by the way deception is the work of the devil. Here’s your challenge Joe find one just one non-class member that received a payment then maybe I’ll convert to your belief that BP is the so called victim.IN-HALE
The Daily Death Rate for Aug 1, 2014 Friday night the claim center issued.57 Denials 35 of them were for causation “Sorry no recourse”. 5 Payments to IEL claimants for a Grand Total of $ 86,119.00IN-HALE
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