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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 2016-1444: Reallocation of Lump-Sum Annual Rent Payment Received by Commercial Lessor Over the Term of the Lease is a Permissible Exercise of Professional Discretion

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 2016-1298: Special Assessments from Condo Association Not 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 […]

Tom Young

BP Business Economic Loss Claim Appeal 2016-1258: In Consignment Sale No Revenue Event Until Payment Required; AVM Erroneously Not Utilized

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 2016-1240: “Commencing Operations” Not Same as “Producing Revenue” Under Policy 343

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 2016-1229: Must Use Customer’s Real Address and Not Job Site Address According to Exhibit 7 and Policy 495 Customer Mix Test

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 2016-1210:Claimant Fails Proof of Spill-Related Causation Test

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 2016-1203: Claimant required to submit its financials as kept in the ordinary course of business; No Need to Convert From Cash to Accrual .

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 2016-1197: Allocation of Revenue Under Agriculture Methodology Negates Farmer’s Claim

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 2016-1185: Insufficient Matching of Expenses and Revenue Merits Application of AVM Methodology Under Policy 495

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 […]