Florida Businesses Compensated from the $20 Billion Fund for BP Oil Spill Victims
Posted on Jan 15, 2013 11:03am PST
After three long months of marine oil spillage, the Deepwater Horizon well
was finally declared, "effectively dead" on September 19, 2010.
Spilling approximately 53,000 barrels of oil per day, there was a total
estimate of 4.9 million barrels spilled when everything was said and done. The
Deepwater Horizon oil spill
is ultimately the largest accidental marine oil spill in the history of
the petroleum industry. As of April of 2012, it was found that oil had
infiltrated over 200 miles of Louisiana's coastline.
The White House oil spill commission officially blamed BP (British Petroleum)
for the oil spill incident and they ultimately accepted full responsibility.
It was concluded that the Deepwater Horizon spill was not an isolated
incident and it could be correlated to BP's decision to cut costs
and lack of overall well safety. Due to the widespread damage to the marine
wildlife habitat and the economic losses that Louisiana, Mississippi,
Alabama and Florida have suffered, BP decided to set up a $20 billion
fund in order to compensate the oil spill victims who were affected financially.
As of July 2011, there had already been $4.7 billion paid out from the
fund- overall in 2011 there were nearly 1 million
BP oil spill claims made. That is where we come in. Here at Pittman Law Firm, P.L. we have
teamed up in associated with a team of BP Litigation lawyers who have
advanced proprietary accounting software to help submit claims in accordance
with the complicated method that is used to calculate losses. Claims of
this nature must be carefully formed and submitted so that you can recover
the maximum amount of compensation.
If your South Florida business has suffered any economic losses due to
the BP oil spill, do not hesitate to
contact our legal team to see if you could gain from the oil spill victim fund. Practically every
type of business could benefit from filing a claim, so do not make the
mistake of thinking that your business is exempt or does not qualify.
The $20 billion compensation fund was implemented as restitution to everyone
that felt the effects of the oil spill in any way, shape or form. You
should not feel guilty seeking money from this settlement because many
Southwest Florida residents and business owners have been affected either
directly or indirectly as a result of the State economy which suffered
due to the spill.
If you have any questions or concerns regarding the oil spill settlement
or you would like to file a claim, be sure to contact our
Fort Myers personal injury attorneys here at Pittman Law Firm, P.L. Call today for a free initial consultation.