BP PLC has lost a renewed bid to suspend payments from the court-supervised program administering its settlement of claims tied to the 2010 oil spill. Judge Carl Barbier ruled that an investigation of alleged wrongdoing at the Mobile, Ala., claims assistance center didn’t find “any credible evidence of fraud.” He also rejected BP’s allegations that the company’s ability to appeal payments was tainted. That issue earlier was brought to the attention of Magistrate Judge Sally Shushan, who investigated and is currently handling the matter.
It should be noted that Judge Barbier last month had rejected BP’s request to stop the payments while Louis Freeh, former director of the Federal Bureau of Investigation, probes allegations of misconduct in the claims program. BP renewed the request on August 5th. The oil giant is combining its efforts in the courts with the massive public relations campaign that is mentioned in this issue.
Source: Insurance Journal
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