Showing posts with label Florida. Show all posts
Showing posts with label Florida. Show all posts

Monday, August 23, 2010

Gulf Coast Claims Facility Criticized

Ken Feinberg (Photo by Bill Starling/
Courtesy of Press-Register)


Ken Feinberg's Gulf Coast Claims Facility receives criticism in its earliest stages

By Nicholas Moroni

Ken Feinberg's Gulf Claims Facility began officially evaluating the claims of alleged spill victims amid a choir of criticism. In the days preceding the transition, Attorneys General from Florida, Louisiana and Mississippi have all offered up their qualms with the manner in which Feinberg will apparently determine the legitimacy of claims.

Feinberg has maintained that proximity to the spill will be a major factor - a cause for concern for residents in regions further away from the shoreline, who claim the spill's effects were still largely felt. In Florida, where oil did show up along the shoreline, tourism in the state has reportedly taken a nosedive, which some credit to the general region's image. Feinberg has stated that stigmatization is not legitimate cause for compensation.

"We've got a proposed geographic map along the Gulf Coast that gives us some flexibility of how we will define proximity," the Washington attorney recently told The Palm Beach Post. However, The Wall Street Journal reported today that Florida Attorney General Bill McCollum said there is more stringency to Feinberg's loosely defined protocol than is found in the Oil Pollution Act of 1990. He called Feinberg's described methods "completely unacceptable."

Claimants, the attorneys general, and elected individuals have taken issue with Feinberg's ill-deifined position on the responsibilty of business associates of BP. Uncertainty as to whether these companies can be sued following a final settlement, and the deduction of any money paid to fisherman that participated in BP's Vessel of Opportunity clean-up routine, are controverstial topics.

"Mr. Feinberg appears to be completely tone-deaf to the concerns of people along the Gulf Coast," Alabama Attorney General Troy King told The Journal.

Feinberg at this time is mending the protocol he released last week, so all of the evaluation process is subject to change.

To his critics, if litigation is a better options, he advises them to "go ahead."

Wednesday, August 18, 2010

Florida Files Lawsuit Against BP

Florida is the latest state to file a lawsuit against BP; $1 billion is sought for damages to tourism industry

By Nicholas Moroni

Florida plans to file suit against BP in response to damages suffered by the tourism industry, Bloomberg Business Week reported today.

According to the publication, Florida plans to seek $1 billion in reparations for a loss in revenue due to alleged stigamtization the entire state experienced (including regions away from the Gulf of Mexico). A steep decline in tax revenue is also believed to be part of the state's incentive in pursuing a suit against the London-based company.

"We're hoping that rather than jobs lost and[/]or services to Floridians being lost, that we can develop some type of dialogue to get interim relief," Steve Yarrid, a Tampa Bay lawyer appointed by Florida governor Charlie Christ to oversee legal issues surrounding the spill, told Bloomberg.

Florida would not be the first state pursuing litigation: Alabama and Mississippi have turned to federal courts to seek reparations, as well.