|By PR Newswire||
|February 17, 2014 04:00 AM EST||
NEW ORLEANS, Feb. 17, 2014 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that they believe the British Petroleum Inc. Business Economic Loss (BEL) Claims settlement will eventually make its way to the U.S. High Court under a Writ of Certiorari. The issues revolve around constant legal wrangling by B.P. to drastically alter the landmark settlement, by claiming that the settlement is not being interpreted correctly, and is therefore unconstitutional to allow claimants to collect money in which no financial injury has actually occurred.
The legal appeals and opinions by the appellate judges have been complex and at times conflicting, says Legal-Bay, with at least 3 judges at some point favoring B.P. on "partial issues". However in New Orleans, U.S. District Court Judge Barbier has been the one constant who believes B.P.'s tactics are "disappointing" based on the spirit of the negotiations – which was to assist a large number of businesses and settle on a "global" level to avoid lengthy litigation. Through all of the uncertainties, Legal-Bay continues to fund all businesses waiting on B.P. Settlement Claim checks to be paid. This list includes: law firms, CPA firms, and all businesses in Alabama, Florida, Louisiana, Mississippi, and Texas with claims pending in the B.P. Claim Center – considered to be Opt-in cases. For more information on Legal-Bay's B.P. Funding, log onto: http://lawsuitssettlementfunding.com/bp-gulf-lawsuit-settlement-funding.php .
Chris Janish, CEO of Legal-Bay, commented about the current state of the B.P. Litigation, "The aggressive legal challenges by B.P. have scared off most B.P. Pre-Settlement Funding companies due to constant uncertainty of when payments will be received. We are of the belief that the settlement has enough possible constitutional issues, and that the settlement appeal will eventually end up on the steps of the U.S. Supreme Court. The process will continue to be slow, and payments will be delayed. However, we strongly believe in the end that the settlement will not be drastically altered and B.P. will be compelled to live with the deal they signed."
Legal-Bay has seen a dramatic rise in B.P. law firms and CPA firm applicants who have hundreds of millions ($100MM) of potential B.P. BEL settlements for clients and need operating cash to continue to run their firm until these fees are collected. "Simply put, the law firms are keenly aware that the B.P. watershed is still far on the horizon and they need a life line to get them to the ultimate finish line," added Mr. Janish. To learn more about Legal-Bay's attorney funding loans program, log on to: http://lawsuitssettlementfunding.com/attorney-lawsuit-loans-and-funding-products.php .
Legal-Bay is offering several programs for B.P. business claim owners including: traditional lawsuit loans, B.P. Settlement Funding, and B.P. business lines of credit for any and all businesses that have anticipated a certain B.P. Settlement check amount. Legal-Bay and its funding partners can commit to a quick lawsuit cash advance in 48 hours in amounts up to $100K, with no credit checks or monthly payments; this funding is not to be considered a lawsuit loan, and plaintiffs only need to repay if they win their B.P. Settlement. Larger business lines of credit or law firm case funding amounts are typically on a recourse basis in amounts up to $1MM and take approximately 5-7 days to approve.
To apply for a B.P. Claim settlement funding for you or your business, feel free to apply online directly at Legal-Bay.com or at: http://lawsuitssettlementfunding.com. To apply by phone, call Legal-Bay's toll free hotline at 877.571.0405 to speak with a live agent.
Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email: [email protected]
SOURCE Legal-Bay LLC
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 08:30 AM EST Reads: 457
Application transformation and DevOps practices are two sides of the same coin. Enterprises that want to capture value faster, need to deliver value faster – time value of money principle. To do that enterprises need to build cloud-native apps as microservices by empowering teams to build, ship, and run in production. In his session at @DevOpsSummit at 19th Cloud Expo, Neil Gehani, senior product manager at HPE, discussed what every business should plan for how to structure their teams to delive...
Dec. 3, 2016 08:30 AM EST Reads: 1,343
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
Dec. 3, 2016 08:30 AM EST Reads: 660
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 07:30 AM EST Reads: 687
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 07:00 AM EST Reads: 496
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Dec. 3, 2016 06:30 AM EST Reads: 5,992
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Dec. 3, 2016 05:45 AM EST Reads: 6,918
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web ...
Dec. 3, 2016 05:30 AM EST Reads: 1,198
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, shared the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Dec. 3, 2016 04:15 AM EST Reads: 3,421
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Dec. 3, 2016 04:15 AM EST Reads: 1,710
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
Dec. 3, 2016 02:30 AM EST Reads: 1,523
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Dec. 3, 2016 02:15 AM EST Reads: 1,494
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
Dec. 3, 2016 02:15 AM EST Reads: 747
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 01:45 AM EST Reads: 777
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, showed how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningful f...
Dec. 3, 2016 01:45 AM EST Reads: 4,533