Navigation

BP Trying to Save Money Via Federal Appeals Court

By: Jeff Lieser Posted on: Sunday, January 19th, 2014

BP is still pursuing the elimination of claims stemming from the Deepwater Horizon explosion that to not show causation for the company’s loss of business. They are in the process of filing an emergency appeal to the trial court’s ruling that they cannot bring up the “causation” issue so late in the process.

What BP Is Appealing And Why

By: Jeff Lieser Posted on: Thursday, August 1st, 2013

Introduction

As you likely know, under the terms of the Settlement Agreement, Gulf Coast and Florida Keys businesses may have a compensable BP oil spill claim if they suffered losses during certain periods in 2010 when compared to prior years.

More than one-third of all the claims filed are from Florida, so the

BP Oil Spill Frequently Asked Questions From Clients

By: Jeff Lieser Posted on: Wednesday, March 13th, 2013

The Deepwater Horizon BP Oil Spill Settlement was established to compensate businesses and individuals who were economically harmed by the April 20, 2010, BP oil spill. More than 106,000 claims have been filed. Approximately $1.3 billion has been paid. The average payout per claim is approximately $200,000. There are eligible but unfiled claims totaling an estimated valued of $400 million. YOU MUST FILE A CLAIM BY APRIL 22, 2014, TO PARTICIPATE IN THIS SETTLEMENT.

BP Claims Chief: “When in Doubt File a Claim”

By: Ghada Skaff Posted on: Saturday, January 26th, 2013

BP chief claims administrator Patrick Juneau acknowledges that many eligible Florida businesses have yet to file claims for losses incurred as a result of the Deepwater Horizon oil spill. To date, more than 34,000 Florida businesses and residents have already been approved for $332 million in claims. If you operate a Gulf Coast business that suffered a loss of revenue in 2010, you should contact us immediately to discuss your eligibility to file a claim.

BP Oil Spill Claims Available to a Wide Range of Businesses

By: Jeff Lieser Posted on: Thursday, December 20th, 2012

You don’t need to own a fishing boat or a beachfront business to have been financially impacted by the Deepwater Horizon oil rig explosion. The BP oil spill critically damaged Florida’s tourism industry and created a ripple of lost income that affected Gulf residents as diverse as hairdressers and day care center operators. If your business took a financial hit in 2010, you may be able to recoup those losses by simply providing your financial information and filing a claim.