A federal appeals court has halted BP settlement payments for oil spill damages to businesses “whose injuries are not traceable to the spill.”
The ruling by the U.S. 5th Circuit Court of Appeals basically instituted a stay on payments by Patrick Juneau, the court-appointed settlement claims administrator, and follows many legal maneuvers by BP to change the way claims are being paid.
Area businesses with claims totaling millions of dollars face a six- to 12-month delay in payment, said Kevin…
A federal appeals court has halted BP settlement payments for oil spill damages to businesses “whose injuries are not traceable to the spill.”
The ruling by the U.S. 5th Circuit Court of Appeals basically instituted a stay on payments by Patrick Juneau, the court-appointed settlement claims administrator, and follows many legal maneuvers by BP to change the way claims are being paid.
Area businesses with claims totaling millions of dollars face a six- to 12-month delay in payment, said Kevin…