Tag: Big Oil Bailout Prevention Liability Act

What ‘Legitimate Claims’ look like — It’s time to Raise the 75M Cap

BP Hard To Pin Down On Oil Spill Claims

NPR, Morning Edition – May 24, 2010

Yuki Noguchi

BP has repeatedly said it would pay all legitimate claims resulting from the oil spill in the Gulf of Mexico, but such promises raise a crucial question: What exactly does “legitimate claim” mean?

[…]

BP has declined to define the term or provide examples.

BP American President Lamar McKay remained steadfastly vague during a Senate hearing this month. Despite prodding from Washington Democrat Maria Cantwell, McKay would not veer off of his message: We’re going to pay all legitimate claims.

A BP spokesman declined to discuss the company’s definition of “legitimate.” In an e-mail, the spokesman said BP hired a firm called ESIS to assess all oil spill claims. As of last week, it had received nearly 16,000 claims. The spokesman said BP has in some cases paid some claims within 48 hours of receiving supporting documentation.

What exactly does “legitimate claim” mean?   Good Question.