In a letter to oil spill claims administrator Kenneth Feinberg, the U.S. Department of Justice called on the Gulf Coast Claims Facility to release more cash to oil spill victims. #
The letter stresses the urgency of making payments quickly. Last summer More…
A federal judge in Louisiana ruled Wednesday that oil spill claims administrator Kenneth Feinberg cannot keep referring to himself as “neutral” or “independent” from BP. #
The company set up the Gulf Coast Claims Facility (aka the GCCF), which Feinberg oversees, and pays More…
Oil spill claimants will be eligible for final payments equal to twice the value of their documented damages for 2010, according to a draft methodology (available below) released Wednesday by the Gulf Coast Claims Facility. #
Claims administrator Kenneth Feinberg said the doubling More…
A day after oil spill claims administrator Kenneth Feinberg told Floridians he would be releasing his standards for determining who is eligible for claims, new state Chief Financial Office Jeff Atwater sent him a letter asking to weigh in on those standards as they’re being developed. More…
Oil spill claims administrator Kenneth Feinberg told a room full of representatives of Florida’s tourism industry that the Gulf Coast Claims Facility would “take another look” at denied claims when claimants file for final or quarterly “interim” payments. #
Speaking at a Florida More…
I just received a long email from a woman named Theresa Goins, from Bon Secour, Ala. Her fiance, James Martin, has been waiting to receive compensation from the Gulf Coast Claims Facility for months. A commercial fisherman, Martin sustained himself after the oil spill by working for the Vessels of More…
I continue to receive emails from Gulf Coast residents who are battling with the Gulf Coast Claims Facility for compensation for their oil spill losses. Lonnie Craft, the vice president of a boat manufacturing company in Pensacola, Fla, has been waiting since Aug. 23, more than two months after filing More…
Only about 100 or so oil spill claims had been denied as of the end of September. Given recent comments by oil spill claims administrator Kenneth Feinberg about claims’ lack of documentation, it was only a matter of time before claims started being denied en masse.
The Associated Press More…
The Securities and Exchange Commission last month warned oil spill victims who have received money under the Gulf Coast Claims Facility to beware of investment scams.
The SEC warned:
[S]cam artists may target payout recipients with oil spill-related investment opportunities that promise high returns with little or no risk,
Following up on my post yesterday on inconsistencies in the Gulf oil spill claims process, I thought I’d share this email I received from Gary Eichler, who runs a charter fishing company in Naples, Fla.
We are a charter fishing/eco-tour company in Naples, Fla. While we received four claim
rss