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

August 17, 2010 in Aggregate Litigation Procedures, Environmental Torts, Informal Aggregation, Mass Disasters, Procedure | Permalink | Comments (0) | TrackBack (0)