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Tom Young

BP Business Economic Loss Claim Appeal 2016-1923: Private School’s Changes in “Pledges Receivable” Treated As “Operational Income”

The following is an Appeal Panel Decision issued pursuant to Section 6 of the BP Deepwater Horizon Economic & Property Damages Settlement Agreement and the Rules Governing the BP Appeals Process. Links may have been added to assist the reader. The original decision […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1913: Construction Methodology Instead of AVM Applied to Heating and A/C Contractor; Appeal Panelist Will Not Substitute His Judgment For That of SP

The following is an Appeal Panel Decision issued pursuant to Section 6 of the BP Deepwater Horizon Economic & Property Damages Settlement Agreement and the Rules Governing the BP Appeals Process. Links may have been added to assist the reader. The original decision […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1910: Bad Debt Entries Treated As Variable Expenses Per Policy 495 and SA Exhibit 4D

The following is an Appeal Panel Decision issued pursuant to Section 6 of the BP Deepwater Horizon Economic & Property Damages Settlement Agreement and the Rules Governing the BP Appeals Process. Links may have been added to assist the reader. The original decision […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1865:Bowling Center Claimant Fails Second Prong of Customer Mix Test–Could Not Prove Addresses of Customers

The following is an Appeal Panel Decision issued pursuant to Section 6 of the BP Deepwater Horizon Economic & Property Damages Settlement Agreement and the Rules Governing the BP Appeals Process. Links may have been added to assist the reader. The original decision […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1822: Professional Services Methodology Correctly Applied to Restate Financials of Zone D Law Firm

The following is an Appeal Panel Decision issued pursuant to Section 6 of the BP Deepwater Horizon Economic & Property Damages Settlement Agreement and the Rules Governing the BP Appeals Process. Links may have been added to assist the reader. The original decision […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1767: Out-of Zone Franchisor Does Not Meet Three-Part test of Exhibit 5 and Policy 467 on Basis of In-Zone Franchisee

The following is an Appeal Panel Decision issued pursuant to Section 6 of the BP Deepwater Horizon Economic & Property Damages Settlement Agreement and the Rules Governing the BP Appeals Process. Links may have been added to assist the reader. The original decision […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1723:SP Allocation of Tenant Reimbursements from Months Received to Annual Basis Allowed Under Policy 495

Claimant, a commercial landlord in Birmingham,Alabama, appeals the denial of its BEL claim on the basis it failed to satisfy the causation requirements of Exhibit 4B of the Settlement Agreement. Claimant asserts the Settlement Program(SP) incorrectly reallocated claimant’s reimbursements from […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1381: CA Reallocates Revenue Equally Between Months of No Income and Double Income; Claimant Fails Causation

Claimant appeals the denial of its BEL claim which the Claims Administrator determined did not pass causation. Claimant is a medical staffing company based in Metairie, Louisiana that provides services to a medical facility in Covington, Louisiana for which it […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1362: Condo Association Assessments Excluded From “Revenue” Under Policy 328v2

The following is an Appeal Panel Decision issued pursuant to Section 6 of the BP Deepwater Horizon Economic & Property Damages Settlement Agreement and the Rules Governing the BP Appeals Process. Links may have been added to assist the reader. The original decision […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1220: Agriculture Methodology Appropriate for Farming Operation; Crop Insurance Proceeds and Dividends Property Excluded From Revenue

The following is an Appeal Panel Decision issued pursuant to Section 6 of the BP Deepwater Horizon Economic & Property Damages Settlement Agreement and the Rules Governing the BP Appeals Process. Links may have been added to assist the reader. The original decision […]