BP Claims Administrator Responds To Suit Attempting To Halt Payments
After BP's recent push to have payments to victims of the 2010 Gulf Coast oil spill suspended (which we discussed here), the administrator for such payments is fighting back saying the judge in charge should throw out BP's complaint.
The administrator, Patrick Juneau, issued a statement saying that he should be given judicial immunity from being sued over decisions he makes as part of his job paying oil spill claims. The statement was in response to a move by BP last month go have U.S. District Court Judge Carl Barbier issue an emergency order stopping all payments made by Juneau because the oil giant said many payments were based on either inflated or utterly fictitious claims.
BP has argued in a filing before Judge Barbier that its expected settlement costs are poised to balloon if Juneau continues making payments using his current formula. Initially, BP estimated that the class-action settlement would top out at $7.8 billion with 100,000 individual claims. However, the figure was never capped and BP has since increased that estimate to $8.5 billion and is now saying it cannot accurately forecast what it might become if such payments are allowed to continue.
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