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: 9/9/14

In this episode:

Seafood Watch upgrades status of 21 fish species
Calif. bill attacking seafood mislabeling approved
Ballot item would protect Bristol Bay salmon
NOAA closes cod, yellowtail fishing areas
Pacific panel halves young bluefin harvest

National Fisherman Live: 8/26/14

In this episode, National Fisherman Publisher Jerry Fraser talks about his early days dragging for redfish on the Vandal.

Inside the Industry

More than a dozen higher education institutions and federal and local fishery management agencies and organizations in American Samoa, Guam, the Commonwealth of the Northern Mariana Islands and Hawaii have signed a memorandum of understanding aimed at building the capacity of the U.S. Pacific Island territories to manage their fisheries and fishery-related resources.

Read more...

PORTLAND, Maine – The Maine Lobster Marketing Collaborative has appointed Matt Jacobson as its new executive director.
 
Try a FREE issue of National Fisherman

Fill out this order form, If you like the magazine, get the rest of the year for just $14.95 (12 issues in all). If not, simply write cancel on the bill, return it, and owe nothing.

First Name
Last Name
Address
Country
U.S. Canada Other

City
State/Province
Postal/ Zip Code
Email