Thursday, November 13, 2014

Gulf of Mexico Oil Spill: BP Loses Bid to Oust Payout Administrator Patrick Juneau

Gulf of Mexico Oil Spill: BP Loses Bid to Oust Payout Administrator Patrick Juneau:

by M. Rochan  // International Business Times

BP has lost a bid to remove Patrick Juneau, the court-appointed administrator managing payouts tobusinesses and individuals seeking damages arising from the 2010 Gulf of Mexico oil disaster.
US District Judge Carl Barbier in New Orleans rejected several arguments by the London-based oil giant to oust Juneau, reports said.
The ruling is a fresh setback to BP's effort to limit costs from the April 2010 disaster aboard the Deepwater Horizon drilling rig that killed 11 workers and sent more than four million barrels of oil into the sea.
BP spokesman Geoff Morrell said the company "strongly disagrees" with Barbier's decision and could appeal.
In a four-page order, Judge Barbier said it was "beyond cavil" that BP knew of Juneau's prior consulting work for Louisiana. The judge also said BP's arguments were "mostly a regurgitation of old issues or complaints".
As to the only "new" issue, processing claims of individuals represented by the Plaintiffs' Steering Committee, Barbier said Juneau had the discretion to review claims out of order, and there was no evidence he acted improperly.
Morell said in a statement: "Simply put, it is unacceptable for the claims programme to continueoperating as it has been - inefficiently, secretively, and marred by corruption, fraud, and conflicts of interest."
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