Rick's Blog

Gulf Coast Claims Facility shutting down


The Gulf Coast Claims Facility, the BP contractor that handles the claims from the Deepwater Horizon disaster, has announced on its website that if the settlement is completed and approved by the Court, there will be a new settlement claims center to replace the GCCF. Kenneth Feinberg and Feinberg Rozen, LLP will no longer be administering the process.

So if you have settled yet, expect to be caught up in more red tape while the new center figures it out.

IMPORTANT NOTICE
March 2, 2012
On March 2, 2012, a proposed settlement of numerous lawsuits arising out of the Deepwater Horizon oil spill was announced. The proposed settlement is between BP and individuals and businesses with claims arising from the spill. The settlement is not yet final, and it has not yet been approved by the Court.

It is the GCCF’s understanding that if the settlement is completed and approved by the Court, there will be a new settlement claims center to replace the GCCF. In addition there will be a new GCCF transition process which will operate while the new settlement claims center is being established. Also, a new Claims Administrator will be appointed to administer the transition process under newly adopted rules governing payments. Kenneth Feinberg and his team at Feinberg Rozen, LLP will no longer be administering the processing of claims for the GCCF.

When additional information is available, it will be posted on the GCCF website at www.gulfcoastclaimsfacility.com. We also understand information will be provided to you as directed by the Court. We are always happy to answer questions at 1-800-916-4893.

A letter will be sent shortly by the new Claims Administrator advising you about your claim. Any information you previously submitted to the GCCF will be retained. If the Court approves the new settlement center, your claim information and documentation could be automatically transferred to the new center.

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