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Businesses say claims process unfair, failing

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Posted: Apr 20, 2011 10:24 PM by Ashley Rodrigue
Updated: Apr 20, 2011 10:24 PM
Source: WBRZ

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Topics: business, Gulf Coast, claims, Feinberg, In-Depth Offshore Technologies

BATON ROUGE- While some big companies got millions in payments for BP claims, a lot of little guys are still waiting.

Even though $4 billion has been handed out, people we talked to say nothing seems to be good enough to Claims Administrator Ken Feinberg to get their fair share back. And they're almost out of hope.

In-Depth Offshore Technologies Owner Hesham El Abrikgy said, "I don't know what else we can do to get their attention, somebody has to do something."

He says hearing that a large, Texas manufacturer of fish oil products got more than $26 million for its claim, while his company is bordering on bankruptcy, is unfair.

El Abrikgy said, "They're looking at the big companies, while they're leaving the small companies that they strive the economy for this country to drown."

But Feinberg doesn't see it that way.

"I think in terms of speed, in terms of generosity, we're doing it right," said Feinberg.

And there are companies out there that back-up Feinberg's claim. Superior Bait and Tackle in Baton Rouge says it's gotten back 80% of it's losses. Feinberg's answer as to why others aren't getting paid?

He said, "If there is a claimant who didn't get paid and is waiting and waiting, there is something about that claim that's a problem."

That's why many say they have stopped believing they'll ever stop drowning in oil.

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