Federal Panel Says Oil Spill Claimant’s Management Fee Was Properly Characterized

(April 9, 2019, 2:00 PM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel on April 8 upheld a federal judge in Louisiana’s decision to not perform a discretionary review of a Court Supervised Claims Program’s (CSSP) appeals panel’s affirmation of a company’s $2.1 million award for damages stemming from the oil spill in the Gulf of Mexico that followed the explosion of the Deepwater Horizon oil rig, holding that the panel properly determined that a management fee paid by the claimant was a fixed cost (BP Exploration & Production Inc., et al. v. Claimant ID No. 100166533, No. 18-30644, 5th Cir., 2019 U.S. App. LEXIS 10273)....

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