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 Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Coast Guard tactical air squadron holds change of command ceremony

Capt. Kevin P. Gavin relieved Capt. Donna L. Cottrell as commanding officer of Coast Guard Helicopter Interdiction Tactical Squadron Jacksonville during a change of command ceremony at HITRON Friday.

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Energy

Deadly Attack In Ukraine Shakes Fragile Geneva Accord

At least three people were killed in a gunfight in the early hours of Sunday near a Ukrainian city controlled by pro-Russian separatists, shaking an already

Niger Could Sign Deal With Areva soon

The government of Niger, the world's fourth largest uranium producer, is on the verge of renewing an agreement with French state-controlled nuclear group Areva,

Barclays To Exit Some Commodities Markets

Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and Morgan

News

Captain of Korean Ferry Praised Safety in Promotional Video

The captain of a ferry that sank off South Korea's southwestern tip with hundreds feared dead said in a promotional video four years ago that the journey was

Terex Corporation Announces Q1 2014 Financial Results

Terex Corporation (NYSE:TEX) will release its first quarter 2014 financial results on Wednesday, April 30, 2014 after market close. The Company will host a one-hour

Deadly Attack In Ukraine Shakes Fragile Geneva Accord

At least three people were killed in a gunfight in the early hours of Sunday near a Ukrainian city controlled by pro-Russian separatists, shaking an already

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators 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: 0.2083 sec (5 req/sec)