Wednesday, August 28, 2013

BP’s Latest PR Push: Don’t Take Advantage Of Our...

BP’s Latest PR Push: Don’t Take Advantage Of Our Settlement Agreement

BP has once again taken to the nation’s newspapers to make the case that it’s being taken advantage of by unscrupulous lawyers and people who were never financially hurt by the massive 2010 oil spill in the Gulf of Mexico.

The company has spent more than $14 billion on cleanup and response and $11 billion on claims since its 2010 oil spill in the Gulf of Mexico, but in a full-page ad that ran this week in The New York Times, Washington Post and Wall Street Journal, it’s declaring “This isn’t the settlement we agreed to.” The ad states:

Last year, we signed a settlement agreement to ensure that people who suffered losses from the accident would keep being paid. When we negotiated that agreement, we sat down in good faith with the goal of helping as many deserving people as possible. And when we signed it that’s what we thought the agreement would do. Unfortunately, it’s now being applied in a way that ignores the agreement’s plain language, with enormous payments going to businesses that did not suffer any losses.

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