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The Gulf Coast Claims Facility began accepting claims on 23 August 2010. At the time it was handed over to Kenneth Feinberg, BP had already paid out $375 million. [14] Almost 19,000 claims were submitted in the first week. Of those, roughly 1,200 claims were compensated, totaling about $6 million, the remaining applicants "lacked proper ...
The Gulf Coast Claims Facility will today begin accepting personal and business claims from those affected by BP's oil disaster in the Gulf of Mexico. BP stopped longer accepting claims last week ...
Critics of BP's (BP) program to compensate Gulf of Mexico oil spill victims took aim at Kenneth Feinberg on Monday as he officially started his first day as the Gulf Coast Claims Facility's ...
The Deepwater Horizon explosion and oil spill resulted in an onslaught of litigation. call if firef commenced almost immediately after the explosion and oil spill. By May 27, 2010, Transocean, which owned the Deepwater Horizon, said in testimony before the U.S. House Judiciary Committee that it was defendant in 120 lawsuits, of which more than 80 were class actions seeking payment for ...
[263] [264] [265] The U.S. Travel Association estimated that the economic impact of the oil spill on tourism across the Gulf Coast over a three-year period could exceed approximately $23 billion, in a region that supports over 400,000 travel industry jobs generating $34 billion in revenue annually. [266] [267]
The 2004 Taylor Energy oil spill is an ongoing spill located in the Gulf of Mexico, around 11 miles (18 km) off the coast of the U.S. state of Louisiana. It is the result of the destruction of a Taylor Energy oil platform during Hurricane Ivan in 2004. It is the longest-running oil spill in U.S. history. [5]
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The rig owner, Transocean, had a "strong overall" safety record with no major incidents for 7 years. [15] However a Wall Street Journal analysis "painted a more equivocal picture" with Transocean rigs being disproportionately responsible for safety related incidents in the Gulf and industry surveys reporting concerns over falling quality and performance.