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  • retiredbill retiredbill May 6, 2014 10:54 PM Flag

    Judge orders new 'matching' policy for some BP oil spill claims

    May 6, 2014
    Judge orders new 'matching' policy for some BP oil spill claims

    Google the header.............

    ** A federal judge has approved a new method of calculating BP oil spill payments for certain types of businesses.

    The new calculation method means that related revenues and expenses will be matched, instead of just comparing the business’ revenues and expenses in a three-month period before the spill with the same three-month span after the spill.

    Some plaintiffs’ lawyers complained that Juneau went too far in changing the policy after BP won its appeal. They were hoping that Judge Carl Barbier would reject Juneau’s new process, but the judge approved it as-is Monday evening. **

    Bill

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