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BP Settlement: Judges Barbier & Clement Say Majority of Accrual BP Claims Inherently Matched

Last year the 5th Circuit Court of Appeals, along with Judge Barbier of the Eastern District of Louisiana, held that profit and loss statements (P&Ls) supporting claims for losses under the BP Deepwater Horizon Economic & Property Damages Settlement must be “sufficiently matched.” This resulted in Claims Administrator Patrick Juneau’s development of Policy 495: “Matching […]
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BP Settlement: Judges Barbier & Clement Suggest Majority of Accrual P&Ls Inherently Matched

Last year the 5th Circuit Court of Appeals, along with Judge Barbier of the Eastern District of Louisiana, held that profit and loss statements (P&Ls) supporting claims for losses under the BP Deepwater Horizon Economic & Property Damages Settlement must be “sufficiently matched.” This resulted in Claims Administrator Patrick Juneau’s development of Policy 495: “Matching […]
By |Legal Examiner|Comments Off on BP Settlement: Judges Barbier & Clement Suggest Majority of Accrual P&Ls Inherently Matched
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