The administrator of BP’s $20 billion fund to compensate people harmed by the Gulf of Mexico oil spill says some whose claims were denied will get paid after all.
Kenneth Feinberg says the Gulf Coast Claims Facility expects many of the roughly 2,000 denied or ineligible claims may actually warrant payment under more lenient procedures.
Feinberg also says people who believe they have received far less than they deserve will get a review, and possibly another check. He says he wants to be generous and recognizes there have been some problems.
Fishermen and business owners lost millions of dollars after the April 20 explosion of a BP PLC-leased rig that killed 11 workers and allowed 206 million gallons of oil to escape from the company’s well.
Was this article valuable?
Here are more articles you may enjoy.
Apple-OpenAI Judge Says He’s ‘Likely’ to Side With iPhone Maker
Psychological Reactance: The Hidden Bias in Claims Negotiation
Burned by Fire, Malibu’s Million-Dollar Mansions Face a New Threat: El Niño
Meta to Pay Historic $25 Billion in New Mexico Deception Case