5th Circuit Upholds Denial Of Lumberyard Owner’s Claim To BP Settlement

(December 16, 2016, 1:38 PM EST) -- NEW ORLEANS — The owner of six lumberyards in Mississippi released his claim for compensation from the Deepwater Horizon Economic and Property Damage settlement (E&P settlement) when signing a form as part of the receipt of $172,534.46 from the Gulf Coast Claims Facility (GCCF) for damages, a Fifth Circuit U.S. Court of Appeals panel ruled Dec. 13 in upholding a federal judge in Louisiana’s denial of the company’s rejected claim (Claimant ID 100226366 v. BP Exploration & Production, Inc., et al., No. 16-30642, 5th Cir.)....

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