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BP Claims – BP Settlement

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April 2013 BP Claims Update

Its been a while and I do apologize for that, its just been a busy time. Let me give a quick update on where we are at and what is going on right now.

So Firday the 19 of April the lawyers filed their complaint for all the people that opt out of the BP settlement. You can see a copy of the complaint the lawyers filed on your behalf if you are an opt out here

Its a document in PDF that is 291 pages long so make sure that your computer can handle it. So if you are with the attorney Brent Coon & Associates or D Miller & Associates I would suggest you do the following if you have opt out of the BP settlement.

Open up the document and save it to your computer. When you have it saved to your computer then you can go under edit and find and that will bring up a search field. Now search for your personal claim or business claim by name to make sure you are on the list.

If you are part of this group about 10,000 people that just filed suit against BP here is what will happen next.

Individuals and Business Lawsuit Against BP Phase 1

So the lawsuit has been filed in Federal court if you live in Florida or Louisiana and in State court in Houston Texas if you live in Alabama or Mississippi. There are a few reasons why the attorneys have done this that I will not go into here but this is where you lawsuit it. Most likely the lawsuits will end up with Judge Barbie in New Orleans in the MDL and from there go back out to state court again. This is just a matter of how things are working in an MDL and when judge Barbie gets the cases back to the state courts or Houston Texas the fun begins.

Everybody Are Looking For A Trial Date On Their BP Claims Lawsuit

Now comes the wait where the attorneys will wait for the trial judge to put any of their cases on the trial calender for trial. Normal wait time in USA is 18 month from lawsuit to trial. There are tons of pre-trial motions and other fun stuff going on between now and trial but once that first trial date is set, the clock starts ticking for BP.

If BP don’t want to try these cases at trial they will have to settle them before the trial start or before the jury reaches their verdict so the lawyers will have the advantage when a case is up for trial. Many times in the past I have seen one case come up for trial and the lawyers will settle 100-200 cases on that one case that is up for trial. This will most likely also happen in this case.

You will all hear from your lawyers on what they need from you to make your case ready for trial, if you are one of the cases with very little documentation don’t worry to much just give them what you have nothing more and nothing less. But keep in contact with the attorneys and make sure to give them your new contact information if you move.

The wait will be painful for many, and hard to handle as there is no money coming why we wait. Also why BP has made the Settlement open ended to opt back in but you can never opt back out. I have seen many many offers that has come back with we already paid you x,xxx and you have nothing more coming. People ask me what they can do about and I have to tell them nothing. When you are in the settlement you have to take what they give you and there is nothing lawyers or judges can do about it. So if you can stay opted out and wait for trial no mater how hard it gets. When trial comes the cards are all in favor of the attorney you are with and at that point you should see justice and you getting what you are owed.

What Is Going On In The Current Liability Trial Against BP

The liability trial against BP has gone on for a few month now and its really boring but here is what is at stake. If BP loose its 4 times as much they have to pay. So it goes from like 5 Billion to 20 Billion. If they loose people that work on the water like fishermen can possibly get punitive damages. On the other hand if BP don’t loose the trial and only have to pay 5 billion maybe they have some billion left over that they can settle all the civil lawsuits with so you sometimes have to be careful what you wish because if BP takes a big hit in this trial they might not be so willing to pay the civil lawsuits that are coming after. Then again if BP gets over confident over a win in the liability trial maybe they will fight the civil trials harder. Its tough to say but we have a good judge that will make the right call on this one I think.

 

BP Claims Infographic

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