BP, recently settling their criminal charges at a whopping $4 billion payout, has not moved past the court scene just yet. With trial scheduled to begin this week, BP runs the risk of exposure to what could be $17 billion in fines for violating the Clean Water Act. The initial portion of the trial will…
The Gulf Coast Claims Facility served as the initial processing establishment for BP claims. This facility is now closed and all claims are going through the Deepwater Horizon Court-Supervised Settlement Program.
BP acknowledges the wrong inflicted on the environment and on Gulf Coast economies. For that reason, they are paying economic stimulus funds to all qualifying businesses. If you’re unsure about filing a claim, research some additional information.
ERG is dedicated to providing the most current and reliable information regarding the Deepwater Horizon Settlement. We want to see Florida businesses recover.
Trickle down economics are the root cause of direct and indirect economic loss a midst Gulf Coast communities. With fear of oil rushing up on shorelines, people stopped visiting, tourism suffered, and businesses began to suffer.
Currently facing civil trial, BP is facing a plethora of charges and allegations. Aside from the trial, the Settlement assisting business economic losses remains in tact and unchanged. Paying out billions in damages, Gulf Coast company’s still have a chance to recover lost business.
The deadline to file a claim is early 2014. While this program is assisting thousands of businesses, it is time sensitive. Any claim filed incorrectly or incompletely will be returned for proper submission on an even tighter deadline. That being said, it is highly recommended that a potential claimant seek professional counsel.