BP Voo Settlement Archives

Receive the BP Settlement You Deserve

How can you receive the BP Settlement you deserve?

BP Settlement ProtestersNot only did the April 2010 BP oil spill cause extreme damage and devastation to the environment, it also had a ripple effect throughout the entire economy of the Gulf Coast of the United States.  Businesses and Individuals in the affected areas saw a decline in revenue and earnings following the incident as a direct result of the lack of tourism, rising prices of seafood, and many other factors.  The first response for economic reimbursement was the GCCF, later replaced by the BP Settlement which now oversees all claims.

How do I know if I qualify to file a  BP claim?

To be eligible to file a valid BP Settlement claim, a business or an individual’s business address must fall within one of the specified BP Economic Loss Zones. The claimant must also make sure that the nature of their business is not included on the list of ineligible entities. At this point, financial documentation will need to be provided to prove the loss.

BP Settlement Individual Claims

Individual claimants will need to provide tax documents and pay period earning statements from at least 2009-2011 to show that their hours or wages were reduced as a direct result of the spill. Most individuals also will need to establish an eligible employer by having an authorized business representative submit a sworn statement that the employee’s financial losses were directly related to the spill.

The amount of compensation an individual can expect to receive is directly correlated to the amount of money they lost in the compensation period as compared to the benchmark period. Therefore, every payout will vary on a claim to claim basis.

BP Settlement Business Claims

Businesses outside of Zone A must prove their damages by passing a causation test. The causation test is an algorithmic calculation which uses financial figures from a business’s monthly profit and loss statements to determine the eligibility of the claim. This test uses the provided figures to try to find a certain percentage of decline in revenue in the months following the spill in 2010, as compared to those same months in 2009. The financials should also show a certain percentage of uptake in those same months in 2011. The percentage of decline in 2010 and incline in 2011 that are needed to pass the “V-trend test” will vary based upon which geographical zone the businesses address falls within.

The amount of compensation a business can expect to receive is based upon which zone the business is located in, the nature of the business as evidenced by the NACIS code, and the amount of loss in the compensation period. Once again, the amount of compensation will vary on a claim by claim basis, as many factors come into play for business claims.

Is there a quick way to find out my eligibility?

For a BP Settlement business claim, we can run the basic financials through our preliminary calculator and quickly determine if the claim passes causation or if it does not. For a preliminary calculation we would need:

The business address
NAICS Code
Monthly Gross Revenue for Jan 2007-Dec 2011

If the business passes causation we would then need further documentation to calculate the businesses estimated compensation amount and to make the claim complete under the guidelines of the Deepwater Horizon Settlement.

Do I Need to Hire a Professional?

It is not completely necessary to hire a professional. Many people file claims on their own without representation. However, there are many reasons why you might choose to seek guidance on this matter. We hear from business and individual claimants every day who have filed claims on their own and are being delayed with multiple incompleteness notices and are frustrated and fed-up.

The Court-Supervised 1,300 page BP Settlement is an extremely detailed and convoluted document which can be overwhelming and disheartening to those who have no prior experience with the legal components that professionals are equipped to handle.

What Services do we offer?

Our team of experts helps you gather and prepare the needed documents for review. The claim is then assessed for eligibility, completeness and validity. Business claims are calculated either by a CPA or under the direct supervision of a CPA to ensure accuracy of the expected compensation figure. At this time the complete claim will be filed.

Once the claim is filed to the Deepwater Horizon Settlement, should there be any discrepancies regarding paperwork or financials, we work with the client to handle all incompleteness notices, requests for reconsideration, re-reviews, appeals, and denial notices. Clients may always feel free to contact us regarding the status of their claim, and know that we notify them immediately when we have any deadlines pending.

How do I begin the process of filing my claim?

There is only a short time remaining to file all claims to the Deepwater Horizon Settlement, the deadline being April 22, 2014. Call us today for a free claim assessment. If you have your preliminary documents in order, we may be able to quickly run a calculation to determine your eligibility. Call 1-800-BP-CLAIM or complete the BP Settlement form on the right and someone contact you shortly thereafter.

 
Author:

Deepwater Horizon Settlement Outline

deepwater horizon settlement imageOutline of the Deepwater Horizon Settlement

The Court-Supervised Deepwater Horizon Settlement was set forth to compensate businesses and individuals that were financially harmed by the oil spill explosion caused by BP in April of 2010. BP has estimated the costs related to compensating claims to be 7.8 billion dollars; however, there is no cap on the total amount that will be paid out. The total amount of compensation will depend upon the number of qualifying claims that receive an offer. Therefore, the estimated 100,000 claims being filed may end up receiving less than the 7.8 billion dollars that has been set aside, or more.

Is anyone excluded from filing to the Deepwater Horizon Settlement?

There are certain industries that BP has excluded from the Settlement. Those who owned a business in or worked within any of the industries listed below are ineligible to file claims to the Deepwater Horizon Settlement.

  • Governmental Organizations
  • Real Estate Developers
  • Insurance Entities
  • Financial Institutions, Funds, Financial Trusts, and other Financial Vehicles
  • Oil and Gas Industry Entities
  • Entities selling or marketing BP-branded fuel
  • Gaming and Casino Entities
  • Those who chose to exclude themselves from the Economic Class
  • Those that were required to file under the Oil Pollution Act

How can I determine my eligibility to file a claim?

Businesses and Individuals in almost any other industry may be eligible to file a claim providing the physical address of their business or employer from the time of the spill falls within one of the designated “Economic Loss Zones”. These are geographic regions that have been recognized by BP as areas that were either directly or indirectly affected by the spill.

How can I determine my business loss?

After you have determined that your business was located within an Economic Loss Zone, it will be time to take a look at your financials.

All businesses, (except those located in Zone A) will need to prove their damages (causation) by showing a specific percentage of lost revenue, lost variable profit, and loss of potential revenue growth in the selected months of 2010, as compared to the same months in the benchmark period. They will also need to show a specific amount of uptake in those same months in 2011. This revenue pattern is referred to as the V-trend and if the financial documents follow this pattern, the business automatically proves causation.

What documents do I need to provide for a Deepwater Horizon Settlement claim evaluation?

The initial causation test is a complex, formulaic calculation which can quickly determine whether your business qualifies under the settlement, and roughly how much compensation you are eligible to receive. The preliminary test requires the following:

  • Business Address
  • NAICS code
  • Gross Revenue Statements from Jan 2007- Dec 2011 (or a minimum of Jan 2009-Dec 2011)

After this calculation, if it is determined that the claim is valid, additional paperwork will be needed to make the claim complete under the guidelines of the Deepwater Horizon Settlement.

Why Should I Seek the Help of a  Deepwater Horizon Settlement Claims Preparer?

The Court-Supervised Settlement Agreement is a 1,300 page document filled with complexities and intricacies that can be confusing and frustrating to those with no experience in this field.

Our team of experts prepares and files claims that have been checked for accuracy and validity. We help the client prepare all necessary documents and ensure the claim is complete before it is filed.

Our financial calculations are preformed either by a CPA, or under the direct supervision of a CPA, to ensure we come as close to the actual compensation amount as possible.

Should there be any discrepancies from the settlement once the claim has been filed, we handle all incompleteness notices, appeals, re-reviews, reconsiderations, or denials in a timely manner.

We fight for our clients and push the claim as far as it can possibly go within the Deepwater Horizon settlement. If the claim cannot proceed any further, and the claimant does not receive a settlement, they owe us nothing.

Time is Limited – Act Now!

If you have your paperwork ready, we can quickly calculate whether or not your business qualifies under the guidelines of the settlement. Time is running low; with the deadline to file all claims being April 22, 2014. The more quickly we can gather the documents, evaluate and file the claim, the more quickly it can be reviewed and paid out through the settlement.

If you’ve ever wondered if you qualify to file a BP Claim and you have the preliminary documents at hand, call us today or fill out the form on this page to speak to claims representative immediately.  Help is just a phone call away.

Author:
BP Claims Advisers LLC

BP Settlement goes to Court again

BP Settlement LogoBP Settlement Update

It seems rather ironic that on July 8th, shortly after our Country`s Celebration of Independence, BP will continue it’s pursuit to exclude certain groups from the BP Settlement, it`s not enough they poisoned our waters, left many with out work, and left many seriously ill. They continue to turn a blind eye to the trickle down affect of our local economies.

BP is asking for a one sided ruling from the Fifth Circuit. It should not be granted.

It is Amazing how BP is arguing against compensating claims based on the Settlement Agreement they set up, because they feel it unfairly treats some claimants due to mathematical anomalies in the claims formula.

What you don’t hear them stating is, if their position is granted, they should reopen the causation testing process and claims process to all of the Gulf Coast businesses in Zone C and D that were turned away from compensation due to unfortunate timing of revenues that resulted in BP’s favor and denied those claimants compensation. The Customer Mix Test was a vicious trap that has left many claimants without a dime.

What you don’t hear them stating is if their position is granted, we may have to recalculate all claims processed to date and claimants may actually have to pay back monies under the new method of calculation.

If the Court decides to grant BP`s request, there needs to be balance, and that means all of the people that took Quick Pays should be able to come back to the table, and the Customer Mix Test needs to modified, or done a way with.

While Feinberg was declaring himself independent, and after starving out so many, he unleashed perhaps the most heinous aspect of this whole quagmire. People were forced to take Quick Pays, the keyword here is forced, and that is something that Louis Freeh should be looking into.

The BP Settlement Has One Bad Apple

Louis Freeh the former Director of the FBI has been asked to look into some misconduct by an Attorney working for the Fund for doing some favors for a Law Firm in New Orleans. The fund was alerted of this some time ago, and David Welker, the Head of Security for the Deepwater Horizon Settlement Fund took immediate action. Much of the Attorneys actions occurred before he went to work for the fund in November 2012.

It just seems that for this news to break, at this particular time, with the July 8th date looming, it all seems very orchestrated. Couple that with BP`s new ad Blitz, come on now, eyes wide open guys.

BP Settlement Investigation

Since Judge Barbier has granted Mr. Freeh to go “fact-finding as to any other possible ethical violations or other misconduct” within the settlement program, I beg of him to look at the Quick Pay Scam, without doubt it was the Most Egregious Betrayal of the Public Trust. There would not have been a Deepwater Horizon Settlement had the GCCF been managed correctly, and Feinberg actually kept his promises, and that Mr. Freeh, is something We the People of the Gulf, really need you to sort out

Mr. Freeh, you are a welcome addition to this ever evolving situation, but I truly think you will find more dirt turning over the stones of the GCCF, then you ever will for The DeepWater Horizon Settlement.You will find layers upon layers of deceit, cloaked as incompetence, all meant to thwart people getting paid what they truly deserved.

It`s really this simple, the GCCF was run by Feinberg (paid by BP) and he hired Brown Greer. The Leadership of the Settlement Fund eventually had to create workarounds as BG were up to the same old tricks , stalling claims, hence Postlethwaite & Netterville comes into play ( hired by the Leadership of the Fund), and are doing a fantastic job.

The GCCF used a tried and true tactic of Delay, Deny, and Defend, that Mr. Freeh should definitely be on your agenda.

The BP Settlement is run by Judge Barbier and Pat Juneau, not BP, Americans who just want implement a Settlement that BP agreed to, and now wants to renege on.

For far too long British Petroleum was in charge, as they victimized the people of the Gulf.

Now as The BP Settlement finally gains traction, they are struggling to be in charge once again, didn`t we have to deal with this over 200 years ago.

If you need Help with your BP Settlement, we will Help You.

By

The GCCF v.s. The BP Settlement

bp settlementDid all of your friends receive BP Settlement Payouts with little or no supporting documentation for their claim?

Did you work for a company where all of the other employees received compensation except for you?

Was your BP claim denied for no reason?

It is important to understand that before the Deepwater Horizon Economic Settlement came into play, there was a different group responsible for compensating businesses and individuals for losses incurred from the April 2010 oil spill. This was the GCCF, not the BP Settlement.

The Gulf Coast Claims Facility offered quick payments to individuals and businesses along the gulf coast and forced them to sign releases not to sue BP again in the future. Some people received settlements by submitting minimal to no documentation, while others that did the same job for the same company received nothing. 

Unfortunately, no one actually knows what guidelines the GCCF was using in regards to their payouts, which is probably one of the reasons they no longer exist today. At this time, anyone who signed a full and final release with GCCF may not file another claim for the same business or individual.

If you were denied by the GCCF, we may still be able to help you under the terms of the BP Settlement.

If you never updated your GCCF Claim, you need to do so to be a part of the Deeepwater Horizon Settlement.

The Deepwater Horizon Economic Settlement, which took over after the GCCF was shut down, was set up with very specific guidelines which the claims administrators follow down to the tee.

Most of the time, detailed, full documentation is now required for both business and individual claims. This is not to say that it is impossible to supply the needed documents; our office receives multiple settlement offers per week for both businesses and individuals. This just means that to present a valid claim to the settlement reviewers, you must provide the documents they are looking for. There are instances when workarounds are possible.

BP Settlement Help

BPClaims.org and our network partners work closely to prepare and file thousands of claims. We help our clients understand the process and paperwork they will need to provide to ultimately receive a payout. We know this can be a frustrating and confusing process and we work hard to help alleviate the stress that comes along with it.

We work with:

  • Business Owners
  • CPA`s
  • Individuals
  • Non-profits
  • Law Firms
  • VOO Claimants
  • and anyone else affected by the BP Oil Spill

When it comes to the help we provide for a BP Settlement, we do all that we can, including but not limited to:

  • Helping clients prepare and file valid claims
  • Responding to Incompleteness and Follow-up Incompleteness notices
  • Filing appeals to BP
  • Responding to appeals made by BP
  • Filing Medical Claims
  • Looking deeply into Denied Claims

If you or your business was truly affected by the oil spill, we can help you gather the needed documentation, process and file your claim. Please contact us today to get started.

Also for the latest news on the BP Settlement, visit our news page here.

BP tries to Wiggle

deepwater horizon settlement Just for the record, I am going to say, “I told you so.”  While everyone was booing the folks that run the settlement, and some thought they were in BP`s pockets, these folks were on your side. Nothing could have proved it more than the stance the BP Settlement Leadership has taken against BP in recent weeks and months as BP tries to change the terms of the BP Settlement. I do understand many peoples’ frustrations, as BP Claims are slow to get paid. Please understand the claims are getting paid, and the people that run the program have multiple issues to deal with, such as this assault from BP.
Even the Plaintiff Steering Committee has come armed to the teeth to defend your rights under the settlement. I have read the most recent documents the PSC has presented to the court, and they are awesome. They stood up for the people, they were relentless in attacking BP`s stance, and they were right.

BP is trying to wiggle; they have realized uncapping the economic settlement was not a good idea, even with their traps, such as the Customer Mix Test, putting deadlines for people with Seafood Compensation Claims, fraudulent OPA deadlines, and the list goes on. I am not an Attorney, but this is what I believe. They cut a deal that they are trying to back out of and that is the fact.

BP is out to screw you; shocking but true. First they gave you Feinberg, who claimed himself Independent until the Judge stopped him from saying that by a court order; as they were paying him an exorbitant amount of money. At the same time he was convincing people, specifically those in the seafood industry, to accept quick pays. Unfortunately, after he starved them out, over 200,000 people took them. They should be able to come back to the table.

Then they negotiate a Settlement that they agree to, and after they realize how much they may actually have to pay, they want out. All of this on the heels of the news that they knew an explosion could be imminent days before it actually happened.

What to expect from the hearing on the 5th? Nothing. The Judge will rightfully hold BP to the settlement, BP will appeal to the 5th circuit, claims will continue to get paid, and eventually BP will have to pony up. They will not be able to wiggle out of this one.

However, if BP gets their way, construction folks, professional people and AG families will all be under fire, and probably apt not to get paid. If I fell into one of these categories I would make sure my BP Claims were filed sooner rather than later.

So all of those commercials you see on TV, the hype, the PR machine, it`s all BS and BP is proving that in court. If they were people of their word, and they are not, they would be living up to the terms they agreed to under the BP Settlement. It`s just that simple. My Grandfather always said, look at people’s actions, not their words, and he was never more right.

If you need help with your BP Settlement, we can help you, whether you are an individual, a business, or have a medical claim, we work with the best groups in the business. Fill out the form to the right, and assistance is only a click away. We have the best Network in the Country.

We will help you with your BP Settlement and Beyond.

BP Settlement News

The BP Settlement and Individual Claims

bp settlement  We have been in touch with Attorneys that have asked us to take over their individual claims, if the claims have merit, we will take them over. We think that individual claims have languished until lately in the BP Settlement. We have seen an influx of them get paid however, and that is something I think we are all happy to see. The claims are averaging between 1k-6k, not a lot but it is a start. We will be taking on these claims between 15-25% depending upon the level of work involved.

BP Business Claims and appeals

We have seen a variety of Business Claims get paid, some of them will be heading towards appeal as their  locations should have made them tourism based, but they were labeled non-tourism due to NAICS codes greatly impacting their awards. If you are finding that you need to appeal your claim, please don`t hesitate to call us and we will see what we can do. For many the ” Customer Mix Test ” is also coming into play more often and for many Business Claims it makes it about impossible to get through that final hurdle.

It is strongly recommended that when one starts their Business Claims for the BP Settlement they need to know exactly what they are up against and what type of scrutiny they will encounter under the terms of the DeepWater Horizon Settlement Agreement. We also think that instead of the Settlement Fund handing out incompleteness notices they furnish the claimants and claims preparers with one check list so that the claimant can figure out if they can even provide the documentation that is needed.

BP Medical Claims

The Judge has signed off on the Medical Settlement, we are now taking on those claims and preparing them for presentation. If you have a medical claim, please don`t hesitate to call us at 1-800-BP-CLAIM or fill out the form to the right.

BP VOO Settlements

We are still seeing these claims get processed faster then any of the others, yes we did get an offer in less then 5 days recently, and it was subsequently paid in a matter of about 2 weeks.

BPClaims.org gets Automated

Over the last several months we have been working on a system that would allow users to upload their own documents, about 2 weeks ago we initiated the system, and it has seen great success, it allows us to process your claims with more expedience, and it allows the individual or businesses to upload BP claims at their own pace. It has greatly increased the number of claims we are uploading to the DeepWater Horizon Settlement. Since revamping this has also allowed us to pay more attention to customer service, when you call you will get to one of several people who will be able to tell you exactly where your claim is in the system, and what exactly you need to finish processing your claim.

BP Settlement Important Deadlines LOOM

BP Settlement Seafood Compensation Deadline

bp settlement  The Date for the capped 2.3 Billion Dollar Seafood Settlement is January 22, 2013.

If you made a living from the Gulfs Natural Resources, and you have not opted out this could be your last chance to receive money from the BP Settlement.

Here are some groups that may want to Apply before it is to late.

  • Oystermen and Oyster Leaseholders: People that are involved in the Oyster Industry in general.
  • Shrimpers
  • Clammers
  • Crabbers
  • Vessel Owners involved into the Seafood Industry: Owners of Vessels related to the Seafood Industry.
  • Commercial Fishermen:
  • Boat captains including businesses, that make a living harvesting finfish, crab, shrimp from the Gulf.
  • Crew Claims: First Mate, Second Mate, Deck Hands

OPA Claims Presentment Deadline is January 20, 2013,

*please note if you are not located in a zone approved by the DeepWater Horizon Settlement, but your client base is in a zone, your claims are EXCLUDED.

If you have already Opted Out of the Settlement, you must fill out the form for OPA Presentment by the January 20, 2013.

You must file for OPA Presentment if you fall into these Categories

Who was Excluded from The DeepWater Horizon Settlement

These types of businesses and their employees are for the most part not included in the Settlement, if you have not filed though OPA the time is NOW.

  • Most Casino Type Institutions;
  • Most Fund, Trust, and Banking Entities;
  • Most Defense Contractors;
  • Most Oil & Gas Industry Entities;
  • Most Insurance Companies;
  • Bodily Injury Claims;
  • BP Shareholder Suits;
  • Moratorium Loss Claims;
  • Claims relating to Menhaden (or “pogy”) fishing, selling, processing, and harvesting;

Claims for Damages by Companies or Individuals for employment in the Financial, Insurance, Banking, Gaming, Oil & Gas, Defense Contractor industries, and Real Estate Development, as well as Entities selling or BP-branded fuel.

You can download OPA Presentment Form at BPClaims.org/demands.pdf

BP Settlement Breaking News

BPClaims.org gets BP Settlement Offer in Less then 5 Days

bp settlement  That`s right, and we are shouting it from the roof tops, we submitted a VOO Claim to the BP Settlement less then 5 Business Days ago, and we have already received an offer.

This is the fastest we have ever had a claim go through the BP Settlement, or heard of one going through.

We are very happy for our Claimant, and pleased that our process is running on all cylinders.

We hope that this is an indicator of things to come from the DeepWater Horizon Settlement, as they begin to ramp up their BP Claims processing capabilities.

Since the Judge has approved the economic settlement, it has come to our attention that the Leadership of the BP Settlement will now be able to staff up, and that should result in your BP Claims going through the process faster, stay tuned.

If you have a VOO Claim and want to get paid quickly, please feel free to call us at 1-800-BP-CLAIM, or fill out the form to the right.

DeepWater Horizon Settlement Thoughts

The BP Settlement Matures

bp settlementWith Judge Barbier`s final approval of the BP Settlement, combined with finally seeing a sample set of all types of claims get paid or receive offers, we more fully understand how different types of claims, in different zones will be treated.

Should we have had this understanding before the opt out date, sure, but we have to play the cards we have been dealt.

On the bright side our processing side can tell you if you have a claim, as long as you have the financials to support it, in hours, and not days.

The maturation of the DeepWater Horizon Settlement has accelerated our ability to process claims, and help people better understand if indeed they fit into the BP Settlement.

DeepWater Horizon Settlement Incomplete Claims

What many people and businesses are experiencing are Incomplete Notices, for many, these come one, after another, after another, after another, you get the idea.

It would be beneficial if the leadership at the DeepWater Horizon Settlement could facilitate it so that  ONE CHECKLIST of everything that the Claimant or Claims Preparer needed to complete the Claim was furnished to them.

This would end a lot of frustration on everybody`s part. If you are experiencing Incomplete Claims Notices and are at then end of your rope, we will be happy to assist you, we can handle most of them for as little as 10% of the eventual recovery.

Settlement Zones and NAICS Codes

There are still some issues with Settlement Zones and NAICS codes, what is considered tourism, what is not tourism.

We are also seeing a large number of claims that are clearly in HIGH Volume Tourism Destination areas that don`t fit under the Tourism NAICS codes get labeled non-tourism.

There are cures for that, but as usual you have to jump through a few more hoops, and dot your i`s and cross your t`s.

The multiplier for a non tourism related business vs. tourism related business makes it worthwhile.

BP Business Claims

Many businesses that are applying for the BP Settlement are eager to know if they have the correct financials in order to have success under the terms of the Settlement. If you own a business, and are looking for answers surrounding your claim, or possible claim, don`t hesitate to call us, and our in house experts will be happy to assist you. We have forensic accountants, and other BP Claims Professionals that will be happy to help you, we are not attorneys.

Individual Claims in the BP Settlement

Individual claims in the BP Settlement are still running into all kinds of road blocks with in it`s framework, these people need to be handled in a more expedient manner. We deal with lots of individuals and understand there frustrations, some are better handled by attorneys for various reasons, and some we can assist, either way this has been a bone of contention for many of you. Many of the people that are on our facebook site have run into these same obsatcles, if you need help, please feel free to contact us, if you would like to talk to a group of people that have faced similar challenges check out our Facebook Page at BPClaims.org Facebook

Old GCCF Claims

When the GCCF Closed it`s doors they had almost 1 Million Claims that they were processing, what happened to all of these claims, well for the most part, people and businesses did not update them for the BP Settlement.

The last update that I read from the DeepWater Horizon Settlement, they had approximately 91,000 people and business that had filed with the Settlement.

Within the Judges order he said they anticipated over 1 Million claims to apply for restitution.

If you have a claim, that was with the GCCF it is time to get back on it, and update for the BP Settlement. If you are wondering if you have a claim that qualifies fill out the form or call us at 1-800-BP-CLAIM.

BP VOO CLAIMS

We have had BP appeal various VOO Claims for a variety of reasons, usually people had lost there Master Vessel Charter Agreement, or other needed documents. We have developed several workarounds for these issues. We have gotten VOO Claims through the process in as little a 2 weeks.

The BPClaims.org Network

We have the largest network of BP Settlement Professionals from Key West to Houston. Traditionally we charge just 15% for assisting you with your claim, we don`t get paid until you do.  We pride ourselves on the individual attention we provide our clients.  You will always receive a call back from our Claims Advisors…we look forward to speaking with you!

If there is one thing that separates us from other Claims Groups and firms, it is our Accessibility. Many of our clients don`t just reach our staff at the office, but often have their personal cell phone numbers, we pride ourselves on being here for the client, and getting the job done.

We will Help You with Your BP Settlement.

BP Settlement Gets Judges Approval

Judge Barbier Approves the BP Settlement

deepwater horizon settlement  If you follow the doomsday theorists, 12/21/12 was suppose to be the end of the world, well, not really, it was the first day of the official BP Settlement. Any connection, probably not, but Judge Barbier did lay a compelling and substantive case as to why The DeepWater Horizon Settlement should move forward. You can read it for yourself here.

There are issues with the settlement, but the fact of the matter is we all just want to see people and businesses get paid, and this is what we have to work with. There was a lot of interesting information in the 125 page document. Most compelling was the Judges rebuttals of the numerous objections raised. The Judge provided his thoughts in great detail as to why he thought certain objections did not have merit, or were basically outweighed for numerous reasons, citing a variety of case law.

I still believe there are issues with the Customer Mix Test and NAICS codes, but much of that can be handled with an Appeal, and we will all see how those Appeals are handled. If David Duval who heads up the BP Settlements Appeals division can get adequate compensation for the BP Settlement Claims that deserve it, and if he is given some latitude in correcting NAICS codes and other assorted anomalies, then I think the BP Settlement is a strong substitute for litigation. We will see how this aspect of the process unfolds, and how much leeway he and his Team are given. There is a lot riding on this aspect of the DeepWater Horizon Settlement Structure.

Seafood Compensation Program (You have 30 Days)

Under the terms of the BP Settlement, people that are taking part of the Seafood Compensation Program only have 30 Days after the Judges approval to present their claim to the DeepWater Horizon Settlement Fund for Approval. That means the clock is ticking and if you haven`t filed yet, you need to.

BP Settlement Numbers

91,000 people had so far filed with DeepWater Horizon Settlement Fund. They expect that number to hit over 1,000,000, hopefully many more will come to the table now that the Judge has formally approved the BP Settlement.

Excluded Claims Have Until January 19th to be Presented to OPA

If you were excluded from the BP Settlement you must have your claim filed by January 19th. That means you need to act now, to protect your Rights. We have people that can Help You.

These types of businesses and their employees that are for the most part Excluded from the Settlement.

  • Most Casino Type Institutions;
  • Most Fund, Trust, and Banking Entities;
  • Most Defense Contractors;
  • Most Oil & Gas Industry Entities;
  • Most Insurance Companies;
  • Bodily Injury Claims;
  • BP Shareholder Suits;
  • Moratorium Loss Claims;
  • Claims relating to Menhaden (or “pogy”) fishing, selling, processing, and harvesting;

Claims for Damages by Companies or Individuals for employment in the Financial, Insurance, Banking, Gaming, Oil & Gas, Defense Contractor industries, and Real Estate Development, as well as Entities selling or BP-branded fuel.

GCCF Denials and Stalled Claims

If you had filed with the GCCF and been denied or been stalled, there is still hope for your claim under the BP Settlement. For all of its flaws, and it still has a few, in this writers opinion it is a whole lot better then what the GCCF was under Mr. Feinberg. It is transparent, it has a clear methodology, and it is not arbitrary. The folks that run the DeepWater Horizon Settlement want to pay you, and many claims that were shunned by the GCCF are welcomed under the terms of the BP Settlement.

Multiple Store Locations

We have seen a tremendous growth in Companies with multiple stores, in multiple locations, making BP Settlement Claims with us as of late. These claims have a different parameters to meet, as they are often located in a number of different Settlement Zones, often with a Headquarters that is not located in any of the Settlement Zones. We have seen an influx of Real Estate Companies, Restaurants, and assorted other Franchises ask us for assistance, we have a separate Division specializing in assisting these entities.

VOO Claims

We have had great success in getting VOO Claims through the system. We have even gotten them through after BP has appealed them. We have heard that BP is appealing them at a more frequent rate, and we can help you, we have gotten some through in as little as 2 weeks.

What will we See Next

Now this part is pure conjecture mixed with some facts, I am not an Attorney, but we are pretty involved in all of this, and I think we have a good read, and some inside track to what will happen next.

  • The DeepWater Horizon Settlement Fund will pick up speed processing claims.
  • More Staff will be hired to necessitate the above.
  • More Individuals will begin to see their claims get Paid.
  • More Claimants will come to the Table.
  • Some Latitude will be given to the Appeals Division for NAICS code issues

The BPClaims.org Network

I am so proud of all of the people that make up our Internal Staff, I have never met a group of people that really put the Claimants welfare at such a high paramount. It is all working as intended, and this could not be done without your continued vigilance on the claimants behalf, and the compassion that you all have displayed over the last couple of years. As we have begun to add more staff, and create different Divisions, I am sure this trend will continue.

Partners within the Network have all displayed similar characteristics, and have been working 7 days a week to meet the Claimants needs.

We process your BP Settlement Claims for as little as 15% without using Attorneys, and slightly more if they are needed.

 

 

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