Saturday, September 7, 2013

BP Claims Administrator Juneau Cleared in Probe by Freeh - Businessweek

Patrick Juneau - the court-appointed administrator of the BP Gulf oil spill settlements has been slammed by BP and those who reflexively joined the attack like Joe Nocera in the Times.  Judge Barbier appointed the former FBI director to look into BP's charges against Juneau, whose practice was mainly liability defense. - GWC
BP Claims Administrator Juneau Cleared in Probe by Freeh - Businessweek:
The administrator of BP Plc (BP/)’s $9.6 billion partial settlement of claims from the 2010 Gulf of Mexico oil spill didn’t engage in any misconduct, an independent investigation found.
Louis Freeh, former director of the Federal Bureau of Investigation, said he had “not found evidence” that Patrick Juneau, the claims administrator, “engaged in any conflict of interest, or unethical or improper conduct.”
Freeh said that while he found “problematic” conduct by certain claims-administration employees, it shouldn’t stall processing payments to spill victims.
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