07282017Headline:

Milestone Consulting, New York

HomeNew YorkMilestone Consulting

Email John Bair John Bair on LinkedIn John Bair on Twitter John Bair on Facebook
John Bair
John Bair
Contributor • (716) 883-1833

BP: A Victim of the Little Guy?

0 comments

Oil Spill

Photo Credit

In the wake of its unsuccessful attempt to halt payments on oil spill claims, BP ran a full-page ad in yesterday’s issues of the Wall Street Journal and the New York Times.  The ad, which claimed that the Deepwater Horizon Oil Spill settlement is “bad for American business,” quoted President & CEO of the U.S. Chamber of Commerce Thomas Donohue as saying,

 “…thousands of claimants that suffered no losses are coming forward, obtaining outrageous windfalls and making a mockery of what was intended to be a fair and honest settlement process.”

The article also quotes National Association of Manufacturers President & CEO Jay Timmons:

”Our tort system is designed to ensure victims receive just and fair compensation and also to deter future wrongful acts.  However, too often these days, the tort system is nothing more than a trial-lawyer bonanza…”

This type of advertising is infuriating, and it makes me glad that the Seventh Amendment exists.  We have to stop favoring corporations and continue to fight to protect the power of the individual. Are there individuals taking advantage of the system?  Undoubtedly.  Is BP a victim?  Hardly.  Our justice system isn’t perfect, but it’s one that allows the little guy, the small business owner, the parent to file a claim against a multi-billion dollar corporation who has done them wrong.

I’d be interested to know what others think—do you feel that BP is a victim?

——

Related Posts:

Silent Partner: How Much of Your BP Claim Will Go to the IRS?

Protecting Our Rights on Election Day

Leave a Comment

Have an opinion? Please leave a comment using the box below.

For information on acceptable commenting practices, please visit Lifehacker's guide to weblog comments. Comments containing spam or profanity will be filtered or deleted.