BP Oil Spill Victims Get Compensation Soon

Press Release
Tuesday, March 20, 2012
Deepwater Horizon: Photo credit USCG

BP gulf oil spill victims to get portion of $7.8 billion final settlement soon

Legal-Bay LLC, the lawsuit settlement funding company, say that they are beginning to aggressively fund victims of the BP Gulf Oil Spill so that many individuals and business can get the needed cash flow to get their lives and business back on track immediately. In what was the largest oil spill since the famous Exxon/Valdez spill, BP has estimated that $7.8BIL will be sufficient to pay most of the lawsuits. In fact, a judge has ordered BP to pay a portion of those claims immediately, even if the claims have not been fully settled. 

Legal-Bay is unsure the exact percentage amount that victims can expect or when their full amount of funds will come. However, to remove any uncertainty and so that victims can remain patient while their attorneys try to get them full value; Legal-Bay has begun taking applications on the BP Spill from many individuals and businesses in Florida, Mississippi, Texas, and Louisiana.    

Patty Kirby, Legal-Bay's Director of Client Relations commented, "We are handling large funding requests for business owners who lost everything and our anxious to get their businesses back to the levels of 2010. Although some funds could come shortly, the majority of cases have not been settled for full value yet. Many of our clients are upset that BP is only offering to help at a small fraction of what their true loses are at this time. Our funding programs are designed to assist these individuals and businesses with getting ample funding now, so that they can fight for the true settlement value of their cases."

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

Topaz Responder Saves Refugee Migrants

Topaz Energy and Marine has emerged as an unlikely player in the effort to save refugee migrants risking their lives on the sea crossing from Turkey to Greece’s islands in order to reach Europe.

UAE Plans Floating LNG Import Terminal

State-owned Abu Dhabi National Oil Co. (ADNOC) plans to start a new liquefied natural gas floating import terminal (FSRU) in the second half of this year, three LNG industry sources said.

Glencore to Lift Iranian Fuel Oil at Bandar Mahshahr

Anglo-Swiss commodity trader Glencore has chartered a ship to load Iranian fuel oil at the Iranian port of Bandar Mahshahr in a move that signals the return of

News

First Women's Expedition to the Arctic

Company "MyArctic-expeditions" organize the first women's expedition to the Arctic Ocean. The expedition will start on March 5 in the capital of the Nenets Autonomous

Topaz Responder Saves Refugee Migrants

Topaz Energy and Marine has emerged as an unlikely player in the effort to save refugee migrants risking their lives on the sea crossing from Turkey to Greece’s islands in order to reach Europe.

Sardines Boost Murmansk Port Turnover

In January 2016 turnover of the Murmansk Marine Fishing Port reached 22 thousand tons of cargo, including 15 thousand tons of fish. This is higher than last year,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1035 sec (10 req/sec)