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BP gets unfavorable Supreme Court ruling to hold off Gulf spill payments

  • The Supreme Court rejects BP's (BP +0.1%) request to halt disputed payments stemming from the 2010 Gulf of Mexico oil spill, Bloomberg reports, refusing to put a hold on lower court rulings that require the company to begin making the payments.
  • Under its normal scheduling practices, the Court will decide late this year whether to actually take up BP’s appeal.
Comments (16)
  • Jake2992
    , contributor
    Comments (825) | Send Message
     
    And that's a right wing supreme court.... no comment huh?

     

    If you invest in the devil you will get everything you deserve.
    9 Jun, 01:16 PM Reply Like
  • daphnex2
    , contributor
    Comments (121) | Send Message
     
    Well, Roberts threw the court when he voted for Obamacare........this is just another sad decision.
    9 Jun, 01:34 PM Reply Like
  • winnerzee
    , contributor
    Comments (3) | Send Message
     
    25 years of in the banking industry , retired at 49years old (last years) And live on my portofolio since.
    9 Jun, 09:36 PM Reply Like
  • winnerzee
    , contributor
    Comments (3) | Send Message
     
    For those who wants to make money Time to buy
    9 Jun, 09:37 PM Reply Like
  • nap.jerry
    , contributor
    Comments (38) | Send Message
     
    I still would like to see some of these supposedly false claims publicised in the media, which doesn't seem (the media) predisposed to do such a thing. Maybe BP can put them in an advertisement so the American public can make a decision on whether BP deserves a break. Seems the Supreme court may not.
    9 Jun, 01:34 PM Reply Like
  • Dave the drummer
    , contributor
    Comments (41) | Send Message
     
    My understanding is that the only false claims they actually have are ones that BP put through themselves with the GCCF before it was turned over to the courts....
    9 Jun, 01:38 PM Reply Like
  • spike77
    , contributor
    Comments (42) | Send Message
     
    Another slap in the face for BP. I'm looking to see if there really is any justice left for BP in the USA, and perhaps they should consider striking America off their list and heading for the far east.
    9 Jun, 01:56 PM Reply Like
  • JBBanker
    , contributor
    Comments (82) | Send Message
     
    Nap.jerry and Dave the Drummer,

     

    Below is a story on false claims.

     

    Ten Alabamians arrested on charges related to fraudulent BP oil spill claims
    0 Comments
    BY ADAM THOMASIN STATE POLITICS — 8 AUG, 2013
    Attorney general Luther Strange said in a statement today that 10 people were indicted Thursday, accused of theft and fraudulent claims related to the BP oil spill.

     

    Strange says his office has been investigating these cases and presented their findings to a Mobile County grand jury in May. The defendants are accused of submitting false paperwork to BP saying they lost income because of the oil spill in 2010. Most ultimately received funding from BP as a result of their claims.

     

    The individuals charged Monday are:

     

    · Arthur Isham, 42, of Bayou La Batre, second-degree theft of property;

     

    · Patrick Isham, 38, of Irvington, two counts of second-degree possession of a forged instrument;

     

    · Delisha Purdy, 37, of Theodore, first-degree theft of property, eight counts of first-degree criminal conspiracy to commit theft of property, three counts of second-degree possession of a forged instrument;

     

    · Jessica Verrett, 27, of Irvington, first-degree criminal conspiracy to commit theft of property; first-degree theft of property, and three counts of second-degree possession of a forged instrument;

     

    · Derek Strong, 43, of Irvington, first-degree criminal conspiracy to commit theft of property, first-degree theft of property, and three counts of second-degree possession of a forged instrument;

     

    · Rhonda Howard, 38, of Mobile, first-degree criminal conspiracy to commit theft of property, first-degree theft of property, and three counts of second-degree possession of a forged instrument;

     

    · Nicholas Graham, 36, of Mobile, first-degree criminal conspiracy to commit theft of property; first-degree theft of property, and three counts of second-degree possession of a forged instrument;

     

    · James Gibbons, 41, of Chickasaw, first-degree criminal conspiracy to commit theft of property, first-degree theft of property, and three counts of second-degree criminal possession of a forged instrument;

     

    · Toni Strong, 25, of Theodore, first-degree criminal conspiracy to commit theft of property, first-degree attempted theft of property, and two counts of second-degree possession of a forged instrument; and

     

    · Marie Williams, 24, of Theodore, first-degree criminal conspiracy to commit theft of property, first-degree attempted theft of property, and two counts of second-degree possession of a forged instrument.

     

    If convicted, the defendants face potential penalties of two to 20 years imprisonment and fines of up to $30,000 for each count.

     

    The Attorney General’s Office says the investigation is ongoing.
    9 Jun, 04:48 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3314) | Send Message
     
    Good luck getting clawbacks or restitution from those people.

     

    Only big oil companies are really greedy (sarcasm)
    9 Jun, 07:02 PM Reply Like
  • daphnex2
    , contributor
    Comments (121) | Send Message
     
    whoops........there is another 'attorney general', Eric Holder, who might believe that Luther Strange acted 'unconstituionally' in preventing these poor people from receiving 'proper compensation for their losses'. Wouldn't surprise me.
    9 Jun, 11:53 PM Reply Like
  • spike77
    , contributor
    Comments (42) | Send Message
     
    Thanks for a closer look at the 'nut & bolts' of the fraud - I suspect this is the tip of cash-pile being fraudulently claimed.
    10 Jun, 08:03 AM Reply Like
  • Dave the drummer
    , contributor
    Comments (41) | Send Message
     
    the total of these claims and penalties was a little over $22,000 and they were filed through the GCCF while BP was handling things before the courts took over payments.....
    15 Jun, 09:27 AM Reply Like
  • doc47
    , contributor
    Comments (992) | Send Message
     
    What is the count now with BP and the courts, I've lost track after they went 0 for 10!
    9 Jun, 07:32 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5145) | Send Message
     
    Decision later this year...

     

    BP continues operations, much to the chagrin of those who are hoping BP pulls up its tent stakes and leaves the US.

     

    Stock did not show a reaction to this news today...
    9 Jun, 07:35 PM Reply Like
  • nap.jerry
    , contributor
    Comments (38) | Send Message
     
    To JBB. Thanks for the article on false claims....probably the tip of the iceberg!
    9 Jun, 09:26 PM Reply Like
  • redfox70
    , contributor
    Comments (3) | Send Message
     
    Their is no justice for BP in the USA .
    The courts want to suck out as much money as possible from BP to help prop up a greedy and heavily indebted government.Shame on the USA .
    10 Jun, 09:12 AM Reply Like
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