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BP appeal over 'absurd' Gulf oil spill payouts
Source: BBC
16 March 2013 Last updated at 15:03 GMT
BP appeal over 'absurd' Gulf oil spill payouts
Oil giant BP is taking legal action in the US to limit payouts by a fund set up to compensate those affected by the 2010 oil spill in the Gulf of Mexico.
BP said some of the claims being paid by the scheme's administrator were "fictitious" and "absurd".
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Last year BP agreed to pay compensation to around 100,000 people and companies - including fishermen and restaurant owners - who claimed the oil spill had harmed their livelihoods or their health.
But it says the lawyer administering the compensation fund is misinterpreting the terms of the agreement and making pay-outs that are too generous.
[font size=1]-snip-[/font]
BP appeal over 'absurd' Gulf oil spill payouts
Oil giant BP is taking legal action in the US to limit payouts by a fund set up to compensate those affected by the 2010 oil spill in the Gulf of Mexico.
BP said some of the claims being paid by the scheme's administrator were "fictitious" and "absurd".
[font size=1]-snip-[/font]
Last year BP agreed to pay compensation to around 100,000 people and companies - including fishermen and restaurant owners - who claimed the oil spill had harmed their livelihoods or their health.
But it says the lawyer administering the compensation fund is misinterpreting the terms of the agreement and making pay-outs that are too generous.
[font size=1]-snip-[/font]
Read more: http://www.bbc.co.uk/news/business-21814732
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
They want to trash other people's lives and livelihoods, but they don't want to step up and pay the necessary restitution their greed and carelessness caused. 
