Tuesday, August 17, 2010

BP Oil Spill Fund to Go Into Operation on Aug. 23, Receives Claims From All 50 States

Bloomberg Businessweek has a thorough article by Jim Snyder, looking at the issues of compensation and remoteness of claims.  So far, BP has paid out $352 million in emergency payments for 114,100 claims, and BP has received a total of 142,400 claims.

BGS

http://lawprofessors.typepad.com/mass_tort_litigation/2010/08/bp-oil-spill-fund-to-go-into-operation-on-aug-23-receives-claims-from-all-50-states.html

Aggregate Litigation Procedures, Environmental Torts, Informal Aggregation, Mass Disasters, Procedure | Permalink

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