BP tries to cut budget to slow payment of BP Claims
Patrick Juneau, the Claims Administrator of the Deepwater Horizon Settlement has stated he believes BP is attempting to slow down the BP Claims process.
Continuing to ask for budgets cuts, payment halts, and appeals, is all part of their scheme to keep as much money for themselves as possible. If you’ve been following the settlement and keeping up with the ongoing proceedings, you would know this is nothing new.
We have talked to processors and Attorneys who have seen up to a 400% spike in BP appealing claims over the last 5 weeks.
For the fourth quarter, BP has asked for a $25.5 million budget cut for the processing of BP Claims through the Deepwater Horizon Court Supervised Settlement. A few months back, they had also asked for a budget cut for the third quarter but were denied by Judge Barbier.
The budget being requested for the fourth quarter is based upon the claims administrators supported estimate of costs needed to employ enough staff to keep BP claims at the current backlog rate. Of the over 200,000 claims that have been received by the settlement there are over 88,000 that have not yet begun review.
Why is it taking so long to process BP Claims?
BP figures the more roadblocks they throw at the claimants, the more people will become frustrated and give up. They challenge the settlement and the claimants every step of the way. Juneau requested the budget to hire an additional 100 accounts to review complex Business Economic Loss Claims, but was shot down by BP. What does that mean? The claims process will continue to drag on at the current rate of processing; slow and not so steady.
The probing into the settlement conducted by Louis Freeh revealed that Brown Greer, an independent processing group hired by BP and the Plaintiffs Steering Committee, resisted the Claims Administrators Office’s efforts to create efficiencies and control costs. It is important to note that Brown Greer was negotiated into the Settlement by BP.
It has been said that Brown Greer just wants to promote the business and financial interests of their own company. Brown Greer`s monthly fee from the settlement is over 15 million dollars.
After following Brown Greer and their strategy to slow down the BP Claims process during the GCCF era, and now the BP Settlement era, one can only wonder if they are in collusion with BP, and that is why BP negotiated them into the Settlement.
You would think after the debacle that the GCCF was, that the last thing anybody would want is to leave the company that was in charge of processing the bulk of the claims in play at any capacity, but no BP insisted that their role would continue into the Settlement. BP clearly has an agenda and Brown Greer is a part of that agenda.
After seeing the writing on the wall, the BP Settlement Leadership was smart enough to bring in Postlethwaite and Netterville to assist with expediting BP Claims for the BP Settlement. This took time for them to realize, for many businesses and individuals it only exacerbated their current economic condition. Postlethwaite and Netterville has done an excellent job in processing BP Claims for the DeepWater Horizon Settlement.
Brown Greer slowed the claims process during the GCCF era, indeed forcing many people to take Quick Pays, this pattern continued into Settlement, It is because of this negligence, ineptitude, and sheer contempt, that those who were forced to take Quick Pays should be allowed to comeback to the table under the Settlement or some other apparatus. These people deserve to be made whole, not to be Victimized a second or third time by a processor that clearly has it`s own agenda, and it certainly is not helping the people of the Gulf Region.
Since Brown Greer was also involved in processing claims for the GCCF when it was in existence. Many claimants and attorneys believe they should be investigated for mishandling claims during that era. Did Brown Greer stall the claims process for the companies own interests?
Look at the history. They worked with Feinberg who was hired by BP to create the quick pay option which robbed many people of the settlements they rightfully deserved. They delayed in paying people, and that placed many in or near bankruptcy, businesses and homes were lost due to their lack of action. Those that took quick pays should be allowed back to the settlement, or at least a chance for a recalculation to compensate for actual losses.
All of this being said, this is Brown Greer`s history. In the end, the only interests they have served are their own, and BP`s.
It has been rumored that Brown Greer is attempting to take control of aspects of the BP settlement, and exude it`s influence. We have seen this firsthand, and we can tell you this it`s not helping people get paid, actually it`s quite the opposite.
Find out if you Qualify for the BP Settlement
If would you like to find out if you qualify to file a claim, don’t hesitate to contact us today for a free claim evaluation. The deadline to file all claims is vastly approaching. Call us today at 1-800-BP-CLAIM or complete the form on this page, and we will contact you within 24 hours.
Article Source: BP Claims
Author: Brittany Rader