National Fisherman

British oil major BP failed in its attempt to halt payments from a commercial fishermen's compensation fund, after alleging some of those named as suffering losses since the 2010 Gulf of Mexico oil spill do not exist. 
 
A US Federal court denied BP's request to stop payments from the $2.3bn (€1.7bn, £1.4bn) fund, as the company alleged that some individuals who supposedly suffered commercial loss from the spill did not exist. BP argued that the $2.3bn amount was inflated, as more than half of the 40,000 victims represented by attorney Mikal Watts are not real.
 
The company added that Watts used fake Social Security numbers and other fraudulent documents in the compensation scheme.
 
The company has already paid more than $1bn from the Seafood Compensation Fund to the victims, and it wanted the second round of payments suspended.
 
However, district Judge Carl Barbier in New Orleans, who is overseeing litigation related to the oil spill, said a suspension of payment is unnecessary.
 
Barbier added that most of Watts' clients were deckhands and other workers who were usually employed on a temporary basis with little or no evidence to prove their past employment and losses suffered. They are not likely to get a large percentage of the $1bn-plus amount remaining in the fund, according to him.
 
"They were at best the tail wagging the dog. Maybe the flea on the tail wagging the dog," Barbier said.
 
Read the full story at International Business Times>>

National Fisherman Live

National Fisherman Live: 10/21/14

In this episode:

North Pacific Council adjusts observer program
Fishermen: bluefin fishing best in 10 years
Catch limit raised for Bristol Bay red king crab
Canadian fishermen fight over lobster size rules
River conference addresses Dead Zone cleanup

National Fisherman Live: 10/7/14

In this episode, National Fisherman Publisher Jerry Fraser talks about the 1929 dragger Vandal.

 

Inside the Industry

NOAA and its fellow Natural Resource Damage Assessment trustees in the Deepwater Horizon oil spill have announced the signing of a formal Record of Decision to implement a gulf restoration plan. The 44 projects, totaling an estimated $627 million, will restore barrier islands, shorelines, dunes, underwater grasses and oyster beds.

Read more...

The Golden Gate Salmon Association will host its 4th Annual Marin County Dinner at Marin Catholic High School, 675 Sir Francis Drake Blvd., Kentfield on Friday, Oct 10, with doors opening at 5:30 p.m.

Read more...

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