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Isn't this is what the $20B fund is for? Asking for Punitive damages and class action status when so many need to made whole will only extend out the process for years and years (which is a foregone conclusion anyway) and net them coupons for future seafood purchases..LOL

Actually..wish she would have at least tried the fund first and sued if the settlement wasn't acceptable. Actually..having the sue first mentality might harm her more..as BP could run out of money before the case is settled as I know I'm still waiting for my obligatory coupon of a class action suit from 4 years ago.
quote:
Originally posted by Berno:
[QUOTE]Originally posted by Pinotlvr:
Isn't this is what the $20B fund is for?.....
QUOTE]

It's weird how the government just came up with that number before BP stopped the "leak."


IMHO, its just a starting figure..and a way to get a significant amount earmarked. If for some reason, the spill reaches part of Florida outside the Panhandle..say Clearwater/St. Pete, which is the most populated beach on the Gulf Coast, then it very well may bankrupt BP. If it hits say Siesta Key in Sarasota...then I'm really gonna get pissed! Its a long way away from there..but if its not capped..very well could get there.
quote:
Originally posted by wine+art:
The article say she expectsto lose money. EXPECTS? Roll Eyes

It also says, her occupation was destroyed and/or adversely and detrimentally affected.

Really? You have yet to lose a dime, but you expect to, so you sue now.

It does not take long for the true colors of a person to show.


No doubt..this type of person really frustrates me. Let's let those that HAVE been affected and lost their livelihoods and/or experienced real damages get in line first.
quote:
Originally posted by Pinotlvr:
quote:
Originally posted by Berno:
[QUOTE]Originally posted by Pinotlvr:
Isn't this is what the $20B fund is for?.....
QUOTE]

It's weird how the government just came up with that number before BP stopped the "leak."


IMHO, its just a starting figure..and a way to get a significant amount earmarked. If for some reason, the spill reaches part of Florida outside the Panhandle..say Clearwater/St. Pete, which is the most populated beach on the Gulf Coast, then it very well may bankrupt BP. If it hits say Siesta Key in Sarasota...then I'm really gonna get pissed! Its a long way away from there..but if its not capped..very well could get there.


Yep, it's intended as the first wave, not as a settlement amount. It's also meant to help facilitate payments better, as BP had been seriously short of fulfilling it's promises. It also gets that block of money out from BP before a potential bankruptcy is filed.
quote:
Originally posted by Pinotlvr:
quote:
Originally posted by wine+art:
The article say she expectsto lose money. EXPECTS? Roll Eyes

It also says, her occupation was destroyed and/or adversely and detrimentally affected.

Really? You have yet to lose a dime, but you expect to, so you sue now.

It does not take long for the true colors of a person to show.


No doubt..this type of person really frustrates me. Let's let those that HAVE been affected and lost their livelihoods and/or experienced real damages get in line first.



Pinotlvr, do you think if her revenue increases by chance this summer, she will donate all of her extra income? Roll Eyes
quote:
Originally posted by Pinotlvr:
Isn't this is what the $20B fund is for? Asking for Punitive damages and class action status when so many need to made whole will only extend out the process for years and years (which is a foregone conclusion anyway) and net them coupons for future seafood purchases..LOL

Actually..wish she would have at least tried the fund first and sued if the settlement wasn't acceptable. Actually..having the sue first mentality might harm her more..as BP could run out of money before the case is settled as I know I'm still waiting for my obligatory coupon of a class action suit from 4 years ago.


The $20 billion fund is not limited, BP will be required to make additional payments into the fund as needed. Right now they are required to make 4 yearly payments of $5 billion each. Unfortunately, BP can draw down on that money for clean up costs. At the rate BP is going through the clean up funds, there will be no funds available for economic damages without additional payments by BP.

As I understand the current set up, BP is going to be paying first for those who have an actual physical injury, i.e. you have oil on your land. They are currently deferring paying for economic damages only. Hence, people like our good chef here are not being paid and will not be paid anytime in the near future.

The damages to restaurants is hard to fathom - specifically those who specialized in gulf sea food. They have to literally re-create the entire restaurant theme because the vast majority of the food on the menu cannot be obtained any more. As an example over 67% of the oysters eaten in the united states come from the gulf coast. From what I have heard from friends and family on the coast, many seafood restaurants have sat vacant because no one trusts the fish/shellfish from the gulf.

I expect that if you actually look at the complaint, instead of relying on a news article that quotes a news article, you would see that she has already suffered damages and expects to suffer additional damages in the future.

G
quote:
Originally posted by wine+art:
quote:
Originally posted by Pinotlvr:
quote:
Originally posted by wine+art:
The article say she expectsto lose money. EXPECTS? Roll Eyes

It also says, her occupation was destroyed and/or adversely and detrimentally affected.

Really? You have yet to lose a dime, but you expect to, so you sue now.

It does not take long for the true colors of a person to show.


No doubt..this type of person really frustrates me. Let's let those that HAVE been affected and lost their livelihoods and/or experienced real damages get in line first.



Pinotlvr, do you think if her revenue increases by chance this summer, she will donate all of her extra income? Roll Eyes


Oh no doubt..she'll remain tight lipped about that for sure Wink
quote:
Originally posted by thirsty man:
quote:
Originally posted by Pinotlvr:
Isn't this is what the $20B fund is for? Asking for Punitive damages and class action status when so many need to made whole will only extend out the process for years and years (which is a foregone conclusion anyway) and net them coupons for future seafood purchases..LOL

Actually..wish she would have at least tried the fund first and sued if the settlement wasn't acceptable. Actually..having the sue first mentality might harm her more..as BP could run out of money before the case is settled as I know I'm still waiting for my obligatory coupon of a class action suit from 4 years ago.


The $20 billion fund is not limited, BP will be required to make additional payments into the fund as needed. Right now they are required to make 4 yearly payments of $5 billion each. Unfortunately, BP can draw down on that money for clean up costs. At the rate BP is going through the clean up funds, there will be no funds available for economic damages without additional payments by BP.

As I understand the current set up, BP is going to be paying first for those who have an actual physical injury, i.e. you have oil on your land. They are currently deferring paying for economic damages only. Hence, people like our good chef here are not being paid and will not be paid anytime in the near future.

The damages to restaurants is hard to fathom - specifically those who specialized in gulf sea food. They have to literally re-create the entire restaurant theme because the vast majority of the food on the menu cannot be obtained any more. As an example over 67% of the oysters eaten in the united states come from the gulf coast. From what I have heard from friends and family on the coast, many seafood restaurants have sat vacant because no one trusts the fish/shellfish from the gulf.

I expect that if you actually look at the complaint, instead of relying on a news article that quotes a news article, you would see that she has already suffered damages and expects to suffer additional damages in the future.

G

Any idea where I can find a copy of the complaint? Where did you read it?

Any idea where I can find a copy of the BP agreement? Where did you read it?

Moo
quote:
Originally posted by thirsty man:
quote:
Originally posted by Pinotlvr:
Isn't this is what the $20B fund is for? Asking for Punitive damages and class action status when so many need to made whole will only extend out the process for years and years (which is a foregone conclusion anyway) and net them coupons for future seafood purchases..LOL

Actually..wish she would have at least tried the fund first and sued if the settlement wasn't acceptable. Actually..having the sue first mentality might harm her more..as BP could run out of money before the case is settled as I know I'm still waiting for my obligatory coupon of a class action suit from 4 years ago.


The $20 billion fund is not limited, BP will be required to make additional payments into the fund as needed. Right now they are required to make 4 yearly payments of $5 billion each. Unfortunately, BP can draw down on that money for clean up costs. At the rate BP is going through the clean up funds, there will be no funds available for economic damages without additional payments by BP.

As I understand the current set up, BP is going to be paying first for those who have an actual physical injury, i.e. you have oil on your land. They are currently deferring paying for economic damages only. Hence, people like our good chef here are not being paid and will not be paid anytime in the near future.

The damages to restaurants is hard to fathom - specifically those who specialized in gulf sea food. They have to literally re-create the entire restaurant theme because the vast majority of the food on the menu cannot be obtained any more. As an example over 67% of the oysters eaten in the united states come from the gulf coast. From what I have heard from friends and family on the coast, many seafood restaurants have sat vacant because no one trusts the fish/shellfish from the gulf.

I expect that if you actually look at the complaint, instead of relying on a news article that quotes a news article, you would see that she has already suffered damages and expects to suffer additional damages in the future.

G


Has she heard of Cedar Key Oysters...Key West Shrimp...Florida Stone Crabs...scallops, etc?

It doesn't need to come off the coast of Louisiana..and these areas of Florida aren't affected (at least yet). Then again..Stone Crabs are out of season anyway.

Its a slippery slope to claim liability because people decide to shy away from seafood...yet valid if she can't find acceptable secondary sources.

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