$BP,...FT: BP trying to remove oil spill claims chief
BP is trying to remove the administrator of compensation payments under its settlement for the 2010 Gulf of Mexico oil spill, accusing him of a “clear-cut conflict of interest” that he had failed to disclose fully, FT reports.
In a filing to the U.S. court in New Orleans hearing the case over the spill, BP says emails reveal that Patrick Juneau had previously “advocated vigorously on behalf of individual and business claimants seeking compensation from BP for alleged spill-related injuries."
BP has been unhappy with the way Juneau and his team have interpreted the 2012 settlement agreement, arguing that they have been far too lenient in allowing claims for losses.
invest at your own risk, based on your own due diligence, at your own risk tolerance
