As I talked about in the post last week the BP claims settlement with the attorneys are very close, if you missed this post go down below this post and see what I expect as new multipliers for people with legitimate claims.
If you have an attorney already or you are with Brent Coon & Associates as most people reading this blog are, you are set and your settlement will go though the attorney steering committee when the settlement is announced.
If you are still not represented by an attorney its time to get in on this an request the representation of Brent Coon & Associates fill out the form on the right hand side of this page. After you have filled out the form you will be taken to the request for representation page for Brent Coon & Associate.
Its very important for your claim and for Brent Coon & Associates to take your case that you can prove your losses. Its also very important that you can tie those losses to the BP oil spill, and not just a case of the general economy.
If you have a legitimate claim and if you have not been helped by the GCCF or even been denied by the GCCF, we want to see your BP claim.
Smoking Gun Before the BP Claims Trial Guarantees settlement
The worst thing that could happen to BP would be a finding of gross negligence this could cost BP over 50 Billion dollars and could introduce punitive damages for many of the BP claims today with the attorneys.
So the smoking gun was the phone call that came from Donald Vidrine, the senior BP manager on the Deepwater Horizon rig on April 20, 2010, he talked with an engineer about unsatisfactory well tests less than an hour before an explosion killed 11 workers on the rig.
Donald Vidrine nor the engineer did anything about these unsatisfactory well tests and this negligence then caused the biggest oil spill in US history. This is central to the case and to much of a gamble for BP to risk it all at trial.
BP Claims Settlement Should Give Real Money To The Victims NOW!
This BP Claims settlement that the attorneys are negotiating right now will give real money to the victims of the BP oil spill and it will give people and business money in a timely manner.
It will make the multipliers higher and it will give people that live off the water a possible bonus payment as these people could possible have gotten punitive damages at trial.
So what can we predict about this BP Claims settlement ? First off it will be much better numbers than what GCCF are going out with to people. Why ? Well because the attorneys have to get a better settlement than what can be had though the GCCF or they would go to trial with every single case and get the money at trial.
What do you need to do to be part of this settlement ? First you have to be represented by an Attorney. If you are not with an attorney today get with one now as this thing will go down in the next 7 days.
How fast will money be paid out ? First off if you have a case that has already been worked up by a CPA or claims processor for the attorneys the money could come very quickly. Like within 30 days of this settlement. If you have not presented proof of your losses yet to the attorneys this needs to be done first before you can get your BP claims settlement payment.
No more GCCF bullshit and no more denials on fake grounds and playing games with a low ball offer.
If this settlement get put in place, the GCCF will have to follow the numbers of the attorneys settlements or they will be out of business.
What Should You Do Now ?
If you are already with an Attorney make sure that he has worked up your case, make sure that you have provided documentation for you case so he can work it up.
The number one thing we are missing are for business and individuals to send in their paperwork to get their case worked up.
If you are still not represented by an attorney or if you have had somebody else work up your case for you that are not an attorney you need to move your case over to an attorney NOW.
If you have followed this blog for a while we provide attorneys and you can sign up by filling out the form on the right hand side of this page.
When Will We Know About This BP Claims Settlement ?
If we get the BP Claims Settlement that we are hoping for it will be in the next 7 days, so we are very close and there is no time to waist right now in getting this done.
You can file you claim with BP for the next year but as you want your claim paid off as soon as possible getting in on this now is important. Keep an eye on this blog my next post will be about the BP Claims settlement and its structure.
I know that is a pretty strong statement but in another 2 weeks the GCCF might be a thing of the past handling your BP claims.
That is because the judge or a settlement will take the made up numbers from the GCCF and make it something much bigger, more realistic. It will be a multiplier that has been settled though mediation or ordered by a judge. It will be Legal.
For people not quite understanding what I am talking about let me explain. So in August 2010 the GCCF comes along a makes up a plan for how people should get paid for their damages.
Not base in the law but just something they come up with and to get paid you have to go along with their plan and sign a contract not to file suit against BP in the future.
Nobody could really do anything about it until now.
That is because it has taken this long to get the case ready for trial and ready for the real multipliers to your losses base on a settlement between BP and the attorneys or base on a judge in New Orleans ruling on BP liability for the oil spill.
So if you have gone this long and not gotten paid, guess what now comes the time where the real money is handed out not the small check that the GCCF was paying you but the real money. This will more correctlyl capture your loss in 2010 and many many year into the future for what BP did to your potential earnings when they let oil on our beaches. The BP Claims process will never be the same.
What does this mean to your BP claims business or personal.
First things first if you are thinking about taking a settlement from the GCCF right now don’t do it no matter what, as you are 14 days away from knowing what the new numbers are going to be.
Take all the interim money they offer you but don’t sign off on a BP final settlement right now wait for the settlement or trial to give you the real numbers to settle for.
Went Out Of Business Because Of BP Oil Spill
If you had a business that went under, the new rules will dictate what the GCCF fail to do, that BP bought your business from you at the time of the BP oil spill.
So that would mean a 5 to 10 times multiplier on your profits of the business. This is standard practice when somebody puts you out of business and its their fault that they will buy your business at the time of their act.
This has always been something the GCCF has failed to see but that will be a big thing in the new settlement or judges ruling.
What You Should Do With Your BP Claims Now
Right now you wait and all you have to do is wait for 14 days, that is it and you will know the new landscape of the BP claims world. Will it be a settlement or a judges order ?
We don’t know at this time but we know with certainty that the money are going to be bigger after the trial date.
How do we know this ? First off its not reasonable to think the attorneys would settle for what their clients could get today though the GCCF.
Secondly the judge will take into account what the GCCF forgot to think about when they came up with their plan of attack. THE LAW.
What The Law Will Do To You BP Claims Number
That is right, the law that the judge is going to be using is the OPA (Oil Pollution Act ). I have read it and it does not say that a fisherman has to all of a sudden make Profit/Loss statements to prove to the GCCF what his losses where, when he has never done this in his business before.
It does not say that you should be paid for the 8 month in 2010 and then for 10 month in 2011.
What it does say, how ever is that the burden of proof lies with BP. They have to prove that you did not have the loss that you are asking for.
They have to prove that your business was not affected by the Oil Spill of 2010. Not the other way around like the GCCF has made you believe.
So this is a whole new ball game where you can take your case to trial if they (GCCF, BP, NEW NAME) does not pay your BP claims.