BP Sues, Alleging Fictitious Claims from Oil Spill
Says they face billions in losses from false reports of damages
BP sued the court-appointed oil spill claims administrator, claiming he's paid "hundreds of millions of dollars" of false business claims that bear no "rational connection to the oil spill," and that could cost it "billions of dollars" for "fictitious losses."
BP sued Patrick A. Juneau, court-appointed claims administrator and trustee of the Deepwater Horizon Economic and Property Damages Settlement Trust, in Federal Court.
It claims that "many business claimants are receiving substantial awards for fictitious losses not contemplated by the agreement" reached between BP and claimants' attorneys after the Deepwater Horizon oil spill.