BP agrees to relax requirements for oil spill claims
by Associated Press
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.
![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
To sign up for Mississippi Business Daily Updates, click here.
One Response to “BP agrees to relax requirements for oil spill claims”
POST A COMMENT
Top Posts & Pages
- Fervor grows for Tuscaloosa Marine Shale
- Click Boutique revives Hattiesburg downtown retail district
- District at Eastover construction to start later this year
- LNG facility hoping to begin exporting natural gas
- Doctor's murder-for-hire case postponed, mental evaluation pending
- ACLU could sue over state's new school prayer law
- Bill exempting small farms from fuel storage regs passes Senate
- Hatchery releases largemouth bass fingerlings in three rivers
- John Fletcher joins Jones Walker
September 20th, 2012 at 8:32 am
Please provide documentation to support this PR released statement. I have seen nothing on the official Settlement site that says anything about “relaxed requirements”. There also is NO need to relax requirements. They will find other paperwork to “lose”.