Bill Bohack and Brent Coon talk about the BP Claims Bulk Up Load Process with the GCCF. The Bulk Up Load process allows the GCCF to review your BP Claims and make offers even if the claims are not complete. The GCCF is making offers on BP Claims even if they do not contain all the paperwork. Go to BPClaims.org for more information. 1-800-BP-CLAIM
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Kenneth R. Feinberg was designated by the Obama Administration and British Petroleum to serve as Administrator of the Gulf Coast Claims Facility in 2010. He was appointed by the Secretary of the Treasury in 2009 to serve as the Special Master for Troubled Asset Relief Program Executive Compensation. In this capacity, he was responsible for determining annual compensation packages for senior corporate officials at companies that received the most taxpayer financial assistance. He was also appointed by the Attorney General of the United States to serve as the Special Master of the Federal September 11th Victim Compensation Fund of 2001. Feinberg is an attorney and one of the nation's leading experts in mediation and alternative dispute resolution and is the managing partner of Feinberg Rozen, LLP.
Gulf Coast Claims Facility Administrator Issues "The Feinberg Pledge." Feinberg tells a room full of out-of work Louisiana fishermen "the additional people I add must come from the region. They've got to be people, they have to be local people that are trusted, that know their neighbors, that understand better than I ever could exactly what the needs and wants are of the people in the locale. I have to make sure that the people on the ground that are evaluating the claims are local, diverse, understand, and are sensitive to those needs. I PLEDGE I WILL DO THAT. " But on 9/16/2010, Feinberg admitted he added only 25 employees, and they are all located in his Washington, DC law firm. All claims have to get final approval from those 25 Gulf Coast Claims Facility employees in Washington. And Feinberg wasn't even embarrassed about breaking his pledge. He even said he might fire more local employees, because he didn't think he needed them--and this at a time he had a backlog of tens of thousands of cases. Think you can trust the Gulf Coast Claims Facility? Visit BP-Claims-Report.com or go to www.Facebook.com .
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sftimecap reporter on site shoots some telephoto, then some drivebys, of the Louisiana State Trooper guarding Ken Feinberg's GCCF office digs at 11am on Sunday, April 3, 2011. The GCCF Sign southbound announces 'Ken Feinberg Here!". The northbound side of the sign announces "For Rent or Lease". Looks like BP (the "here for the long haul" folks) are getting ready to make a hasty getaway from South Louisiana. The 24/7x365 guard treatment is to protect BP from any local anger at the way Feinberg is screwing, well!, PRACTICALLY ALL OF SOUTH LOUISIANA!
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Read this excellent www.bp-claim.com Want to know more about bp claims? Then you will certainly need to read this article!
Bernard Picone, longtime Plaquemines Parish Oysterman, hasn't worked in almost a year due to the fact that the oyster beds were decimated due to the BP Oil/Corexit AND/OR the fresh water diversions which were an attempt to repel the Oil/Corexit from coming into the Bays Oyster Beds.
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For more visit www.structuredsettlementagentdirectory.com On April 12th Attorney Ted Smith was part of the first Taxable Damages claim conference co hosted by Wahlstrom & Associates in Scottsdale, Arizona. Attorney Ted Smith of Kuykendall & Associates of Fairhope, AL presented a comprehensive look at the current situation on the Gulf Coast Claims Facility, the status of claims being filed and the issues facing the next wave of claimants in planning for the financial and tax issues related to any award they might receive. Mark Wahlstrom, the host of the conference and one of the nations leading experts on the use of structured settlements in taxable damage cases, followed up Attorney Smith's presentation with a look at how qualified settlement funds, or 468B trusts, could potentially be used by the claimants in the Gulf Coast Claims facility to spread the tax hit of their award over several years, thus reducing the marginal rate and effect tax they would be liable for under the law.
Recorded on March 28, 2011 using a Flip Video camcorder.
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60 Minutes interview with Kenneth Feinberg. Morly Safer records a "day in the life" of Mr. Feinberg as he meets with the victims of the BP oil spill and attempts to explain what claimants can expect from the Gulf Coast Claims Facility. Mr. Feinberg fields anger and frustration on the part of fishermen and businesspeople of all kinds who have not been paid or whose payments fall short of their damages.
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Now in charge of the Gulf region claims process, Ken Feinberg — head of the Gulf Coast Claims Facility — explains the changes to procedures. "My message is very simple: Take advantage of the process. Build on what BP has done already," he says. For more on the oil spill response, please visit: www.bp.com/gulfofmexico
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BP Oil spill attorney Stuart H. Smith of Smith Stag, LLC, New Orleans, Louisiana, considers whether the "new" claims process, the Gulf Coast Claims Facility, will treat claimants fairly. Mr. Smith's clients, including Louisiana fishermen, are upset that Mr. Feinberg intends to pay not three but one year's wages under this process, and deduct any emergency funds fishermen received from such a settlement. Mr. Smith points out that the fisheries in Prince William Sound in Valdez, Alaska collapsed in year 4 following the Exxon Valdez oil disaster. Mr. Smith answers a common question - whether laborers who have traditionally been paid in cash and don't have the volumes of records BP demands should step forward and file their claim. What happened in the past is irrelevant under the law, as the Oil Pollution Act bases compensation on lost future earning capacity, not prior years' wages.
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The claims process for those damaged as a result of the Gulf Oil Spill changed on August 23, 2010. Attorney Kevin Goldberg discusses the new claims process with the Gulf Coast Claims Facility as he drives through St. Bernard Parish in Louisiana. www.gfmjustice.com
BP Oil Spill Lawyer Discussing New Claims Process with the Gulf Coast Facility for Louisiana Fishermen and other business claims.
US Representative Steven Palazzo (R-Miss.) questions Gulf Coast Claims Facility Administrator Kenneth R. Feinberg during a Natural Resources Committee hearing entitled, "Gulf Coast Recovery: President Obama's BP Compensation Fund, How Is It Working?"
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BP claims - Kenneth Feinberg explains how BP claims will be processed by the Gulf Coast Claims Facility. Feinberg promises payment of BP claims with "minimal corroboration." Are promises about BP claims being kept? If you've filed a BP claim, tell us in a comment, or upload a video comment. Also, fill out our BP Claims Report Card at bp-claims-report.com. (Part 2 of 6/25/10 Ken Feinberg video).
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Oil giant BP is paying Washington-based law firm Feinberg Rosen $850000 a month to administer a $20 billion compensation fund and claims process for Gulf residents and fishermen affected by the Deepwater Horizon explosion last April. The Gulf Coast Claims Facility (GCCF), which Feinberg manages, was set up after negotiations between BP and the Obama administration, but over recent months there has been growing concern among the Coast's residents that Feinberg is limiting compensation funds to claimants in order to decrease BP's liability.
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A humorous look at the ridiculous bp claims process. It seems the people who don't deserve the money are being approved and the people that were really impacted are being denied. To date Kenneth Feinberg and his Gulf Coast Claims Facility has denied over 170000 people, to what end? Yet I know several people that have been jobless since 2009 that got claims... explain that?!? For more info check out our web site oil-life.com
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Brent Coon Expert Oil Spill Litigation Attorney and Bill Bohack talk about stalled BP Claims at the Gulf Coast Claims Facility. The GCCF has had trouble processing BP Claims in a timely manner sometimes, an Attorney or othe BP Claims professional needs to step in. For more information go to BPClaims.org.
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Kindra breaks down exactly how BP's intentional "underfunding" at $20 Billion of Gulf Coast Claims Facility doomed the "Make Everybody Whole" promise of BP to failure, but conveniently gives them a scapegoat, Gulf Coast Claims Facility, to blame.
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Stuart H. Smith, Esq., an oil spill lawyer from New Orleans, Louisiana poses two questions to Gulf Coast Claims Facility (GCCF) administrator Kenneth Feinberg: (1) Whether non-govenmental organizations such as those Smith represents can recover the cost of testing Gulf waters for oil and Corexit as "cleanup and removal" costs that are recoverable under the Oil Pollution Act. Feinberg offers no answer, but agrees to look into the issue; and (2) Whether the GCCF will review governmental statistics, such as from the Department of Labor, to determine what one's lost "earning capacity" is for purposes of paying their claim. This is important since not all claimants have the extensive documentation that BP and Feinberg have up to now been demanding in support of one's claim. Feinberg states that he used this approach when administering the 09/11 fund, and that, if "they" are not using this information in establishing the amount to which a claimant is entitled, "they should".
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An Alabama family is being forced to eat their pet Wilbur after Kenneth Feinberg and the GCCF repeatedly reject their oil spill compensation claims. They are given no reason and as with virtually all aspects of the oil spill, there is zero transparency. They are broke, have large medical bills from oil-spill related illnesses, and have no idea what is happening or what to do next.
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"BP says it has paid out $5 billion dollars of the $20 billion set aside for the recovery efforts involved in the Gulf of Mexico spill last year. The pay out is going to Gulf Coast businesses and residents for damages caused by the catastrophe. According to a summary by the Gulf Coast Claims Facility, which took over the claims process from BP last August, has approved 38% of the 947892 claims submitted. The enormous majority of the claims paid have gone to five states. Residents in Florida have been paid $2 billion; more than any other state while residents of Louisiana were paid $1.5 billion. Recipients from Alabama, Mississippi and Texas round out the top five, respectively. BP (NYSE:BP) has a potential upside of 41.3% based on a current price of $39.44 and an average consensus analyst price target of $55.74."
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July 21, 2010 Congressman Jerrold Nadler (D-NY), Chair of the House Judiciary Subcommittee on the Constitution, Civil Rights and Civil Liberties, chaired a Judiciary Committee hearing on Ensuring Justice for Victims of the Gulf Coast Oil Disaster. The hearing, featuring Kenneth R. Feinberg, Claims Administrator of Gulf Coast Claims Facility, examined the details of the new Gulf Coast Claims facility and allowed Members to understand its scope and legal authority.
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James Carville and Jerry Cope discuss the impacts of the BP blowout on residents of the Gulf Coast in the Carville home, New Orleans, LA. Mr. Carville asserts that Gulf seafood is safe to consume, a subject which is the focus of intense controversy.
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The founder of BPClaims.org talks about the current strategy that the GCCF is currently employing. The absence of fair offers to business`s and individuals is a known strategy employed by unscrupulous insurance companies.
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Making the Gulf Coast Whole Again (Part 1 of 2) - House Oversight Committee - 2011-06-02 - House Committee on Oversight and Government Reform. Assessing the Recovery Efforts of BP and the Obama Administration After the Oil Spill. Witnesses: Panel I: The Honorable Haley Barbour, Governor of the State of Mississippi. Panel II: Director Michael Bromwich, Bureau of Ocean Energy Management, Regulation, and Enforcement, US Department of Interior; Craig Taffaro, President, St. Bernard Parish, Louisiana; Bill Williams, Commissioner of Gulf County, Florida; Frank Rusco, Director of Energy and Science Issues, Government Accountability Office; Cory Kief, President, Offshore Towing, Inc. Video provided by US House of Representatives.
Kindra Arnesen reports that a BP employee approached her in a Belle Chase K-Mart and told her that BP's internal estimate of the Oil Spill WAS ACTUALLY, at a minimun, 150000 barrels per day. Remember how BP gave their "official estimate" at 5000 bpday for the first 8 weeks of their "spill" AKA DUMP! Think this Brit pack of money-makers is an honorable enterprise?????
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Kindra Arnesen and her family, plus a huge number of neighbors, have suffered serious negative health impacts as a direct result of BP's "Coverup of the Oil" which they $$$ Billions into corporate media advertising in order to lie to America and to the World about their phoney "Cleanup of the Oil".
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