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”
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- UMMC reaching out after death of high school football player
- Former Godwin CEO Danny Mitchell dies at 66
- Thousands of acres of Delta farmland to go on auction block
- Northrop Grumman lands $354M Air Force contract for Global Hawks
- Tragedy for Jackson Prep: Football player Walker Wilbanks dies
- Board files suit against VA over release of patients' names
- MDOT: Work on I-269 is on schedule, several phases at halfway point
- More school districts join MAEP lawsuit brought by Musgrove
- City trying to determine who has authority to spend gaming money