5th Circuit: Contractor’s Inactivity Did Not Exclude It From BP Settlement Class

Mealey's (March 22, 2018, 11:05 AM EDT) -- NEW ORLEANS — A federal judge in Louisiana did not err when denying a contractor’s request for review of a ruling denying its request for compensation under the Deepwater Horizon Economic and Property Damages settlement, a Fifth Circuit U.S. Court of Appeals panel ruled March 21, explaining that while the company’s inactivity during the compensation period did not preclude it from being a member of the business and economic loss class, it failed to present sufficient documentation showing that it suffered a loss in income (Claimant ID 100187856 v. BP Exploration & Production Inc., et al., No. 17-30167, 5th Cir.)....