spill victims news
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On Gulf Coast, Frustration At BP Claims Process
Orange Beach :: AL :: USA | 2 years ago
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February 24, 2011 The administrator of BP's $20 billion fund to compensate oil spill victims is on the defensive. Claims czar Kenneth Feinberg has paid out nearly $3.5 billion , but is facing criticism about the slow pace and low amount of payments.
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91,000 Gulf oil spill claims, just 1 final payment
Ocean Springs :: MS :: USA | over 2 years ago
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Miss. (AP) — BP's compensation fund for Gulf oil spill victims has issued a final settlement payment to just one of the thousands of people and businesses waiting for checks, records show, and that $10 million payout went to a company after the oil
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Feinberg: Gulf victims' release form won't change
Houma :: LA :: USA | over 2 years ago
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The administrator of the $20 billion Gulf oil spill victims' fund isn't yielding to pressure to change a release form that requires those accepting a final compensation payment to give up their right to sue. Washington attorney Ken Feinberg told The
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4 state attorneys general urge spill victims to get lawyers
New Orleans :: LA :: USA | over 2 years ago
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Attorneys general in four Gulf states are urging oil spill victims to consult lawyers before accepting final payments from a $20 billion compensation fund and agreeing not to sue BP. They issued notices to claimants Thursday in Florida, Alabama,
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McCollum urges Fla. spill victims to get lawyers
New Orleans :: LA :: USA | over 2 years ago
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Florida Attorney General Bill McCollum is urging Gulf of Mexico oil spill victims to check with lawyers before settling claims against BP...Earlier this week Claims Administrator Kenneth Feinberg completed his plan to give claimants three payment
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IRS wants taxes from BP payments for lost wages
Washington :: DC :: USA | almost 3 years ago
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The Internal Revenue Service wants its cut from oil spill victims who receive BP payments for lost wages. Under current law, BP payments for lost wages are taxable — just like the wages would have been, the IRS said in tax
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IRS wants cut from BP payments for lost wages
Washington :: DC :: USA | almost 3 years ago
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The Internal Revenue Service wants its cut from oil spill victims who receive BP payments for lost wages...The IRS says payments for physical injuries or property loss are generally tax free. BP officials have agreed to create a $20 billion fund for
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Stymied by GOP, Democrats at loss on jobs agenda
Washington :: DC :: USA | almost 3 years ago
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The demise of Democrats' jobs-agenda legislation means that unemployment benefits will phase out for more than 200,000 people a week. Governors who had counted on fresh federal aid will now have to consider a more budget cuts, tax increases and
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Stock futures signal lower open after steep gains
New York City :: NY :: USA | almost 3 years ago
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Stock futures are lower as traders await reports on housing starts and inflation.The drop in futures Wednesday comes a day after the Dow Jones industrials rose 214 points to the highest close in nearly a month. Some pause isn't surprising
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