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Feinberg...Ken Feinberg...
When Ken Feinberg took over administration of BP’s $20 billion dollar fund, he stated many, many times one of his primary objectives was to keep people out of the court system…ahhhh yes, do you remember those halcyon days, back when the Macondo well had just been capped, when hope was beginning to spring eternal and Feinberg dove into the scene, promising claims offers bigger than any the court would ever consider?
It seemed in those days the only way a claimant could screw it up would be to commit the ultimate blasphemy…filing the lawsuit. And why do that?
No need, just fill out your paperwork, get to planning, get to fixing up your boats and cleaning and soon…you and the banks would be all good…
Feinberg was here, the overseer of your oil spill lottery! Lawsuits were for posers!
And then…thud.
The second spill hit the Gulf Coast, the paper one created by creditors and banks issuing warnings, letters of non-payment, demands for their money, the money Feinberg wasn’t giving out because he was demanding more paperwork, more documentation, more, more, more and…denied!
Or maybe you took the quick pay, just to be done with the bastards…
And now?
Let it begin or should I say, continue…off to the courts!
“More than 100 people and businesses have filed a new lawsuit against BP, saying the company’s Gulf oil spill damaged their livelihoods. The lawsuit was filed Tuesday in U.S. District Court in New Orleans on behalf of 122 plaintiffs, most from Terrebonne Parish. Since the Claims Facility was set up, there have been constant complaints from claimants of lost paperwork, slow processing times and low-ball payments…and creditors and banks have been demanding money fishermen and others haven’t been able to pay.
“Kenneth Feinberg does not want to pay for future damages,” Hutchinson (plaintiff attorney) said. “If you’re a fisherman who lost his entire income in 2010, it’s difficult to settle your claim for $25,000. It’s an insult.””
Hmm…I suppose whether it was an insult would depend completely on perspective…from what I keep reading, British Petroleum is back in the black, Ken Feinberg is raking in the money and even Nalco, makers of Corexit are doing pretty damned good…in fact, it would seem all the companies involved in damaging lives throughout Louisiana, Mississippi, Alabama, and Florida are doing just fine indeed…even Halliburton?
Halliburton!
Maybe Feinberg has had a secret agenda all along.
Maybe he realized early on how he’d be unable to keep as many from the court system as he wanted, as his bosses at BP hoped…in fact, wait a minute, maybe Ken Feinberg has been a secret spy, a double agent from the get-go… maybe he figured along with making a ton of money for himself, he could finally do something about unemployment along the Gulf Coast…that harsh unemployment rate for lawyers.
Well, well, well…birds of a feather…
In any case, here’s betting Hutchinson won’t be the last attorney to file suit against BP as a result of Feinberg’s system…the GCCF’s meager payouts and problematic lack of transparency almost ensure it.
Read the article:
New lawsuit filed in Gulf oil spill
Have a nice day.
Image may be NSFW.
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Image may be NSFW.Clik here to view.
