BP agrees to relax requirements for oil spill claims
Published: September 19,2012
Tags: accident, bench, court, damage, death, disaster, disaster recovery, ecosystem, energy, environment, explosion, fatality, fuel, gasoline, judge, judicial, judiciary, natural gas, offshore drilling, Oil, oil spill, oilrig, petroleum, pollution, seafood, tourism, tourist, vacation, visitor, wildlife
GULF COAST — BP has agreed to relax several documentation requirements regarding the submission of claims filed after the 2010 oil spill in the Gulf of Mexico.
Plaintiffs’ attorney Steve Herman and Jim Roy said in a statement the changes will speed the processing of claims and “get the people and businesses of the Gulf paid quicker.”
The attorneys say BP has agreed to waive all license requirements for business and/or individual economic loss claimants, with some exceptions. Other changes involve profit and loss statements, proof of employability and age and vessel ownership.
U.S. District Judge Carl Barbier in May preliminarily approved a proposed class-action settlement. BP estimates it will pay about $7.8 billion to resolve more than 100,000 claims by people and businesses who blame the spill for economic losses.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “BP agrees to relax requirements for oil spill claims”
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Seafood R’evolution set to make Mississippi ‘the new culinary epicenter of the South’
- Yarber could be sworn in today as new Jackson mayor
- After review, MSU moves forward on new research facility
- Pharma Pac lays off rest of workers; could end up owing state
- Ole Miss launches commitment to be 'climate neutral'
- SpaceX, Stennis officially open new rocket test stand
- Acco Brands investing $1.6M, adding 162 workers
- Gulf LNG terminal mulling export opportunities
- Secretary of State's Office transitioning to new location