BP Oil Spill Claims Fund Not Independent, Judge Rules
The federal judge overseeing lawsuits stemming from last year's Gulf of Mexico oil spill said yesterday that the head of the BP oil spill claims fund is not independent of the oil company. U.S. District Judge Carl Barbier ruled yesterday that BP cannot characterize attorney Kenneth Feinberg, administrator of the Gulf Coast Claims … [Read more...]
Most Gulf Oil Spill Claims Still Not Paid, Yet BP Set to Resume Dividends
Considering the slow payment of BP oil spill claims, it's not surprising that many claimants were less than thrilled to hear the oil giant had decided to resume paying dividends to shareholders. To them, the resumption of dividend payments is just another sign that BP cares very little for the Gulf Coast residents whose lives and … [Read more...]
