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Tom Young

BP Business Economic Loss Claim Appeal 2017-1424: Revenue Variances Treated Correctly and AVM Properly Chosen Over Construction Methodology

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 2017-1390: AVM More Appropriate Than Construction Methodology for Roofing Contractor Despite NAICS Code

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 2017-1341:Constructor of Modular and Pre-Fab Buildings Not Engaged In Oil & Gas Industry

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 2017-1250:Policy 495 Allows Accounting Vendors Discretion to Achieve Sufficient Matching

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 2017-1039:AVM Methodology More Appropriate Than Construction Methodology for Electrical Contracting Company

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 2017-1021:Drywall Contractor Fails to Pass SA Exh. 4B Causation Tests

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 2017-1005: Exh. 4 Of SA Substitutes “Proof of Loss” for “Proof of Causation;” Passing V-Shaped Test Presumes Causation

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 2017-878: Contractor Not A Real Estate Developer

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 Deepwater Horizon Claim Policy 495 Gutted by 5th Circuit

A few weeks ago the United States Court of Appeals for the 5th Circuit ripped the heart out of Policy 495’s claimant-unfriendly “matching” methodology. Specifically, the Court held that certain specialized formulas, those used to “match” the “unmatched” profit and […]

Tom Young

BP Business Economic Loss Claim Appeal 2017-773:Progran Accountant Properly Reallocated Construction Claimant’s Direct Job Costs and Owner/Officer/Employee Expenses

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 […]