BP oil spill payments stalled in wrinkle over fees
NEW ORLEANS—Damage payments
from the compensation fund for BP's massive oil spill in the Gulf of
Mexico have been stopped temporarily as the fund says it needs time to
follow a court order that part of the settlements be set aside to pay
hundreds of lawyers.
On Tuesday, the Gulf Coast Claims Facility, which was set up to handle claims against BP, said payments would be halted to comply with an order by U.S. District Judge Carl Barbier requiring 6 percent of payments from Nov. 7 onwards go to plaintiffs' lawyers. The judge issued the order Dec. 28.
A statement from the claims facility said the fund needs time to reformulate payments and comply with the order.
Barbier's ruling throws a new wrinkle into a legal battle over fees and compensation
Posted by Knucklz at January 4, 2012 9:46 AM 
Categories: Government, Conspiracy, Environment, Health or Science, Economy, Country's Failing Infrastructure
Tags: Louisiana BP oil spill economy Conspiracy
Categories: Government, Conspiracy, Environment, Health or Science, Economy, Country's Failing Infrastructure
Tags: Louisiana BP oil spill economy Conspiracy
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