BP Oil Spill Claims

Legal Help For BP Oil Spill Claims from

the BP Deepwater Horizon?

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The Deepwater Horizon oil spill was one of the worst environmental disasters in the history of the United States.  From April 20, 2010 to July 15, 2010 more than five million barrels of oil spilled into the Gulf of Mexico.   In May 2012, BP settled a class action lawsuit that drastically changed the claims process.  As part of the settlement, economic loss zones have been established – if you work for or own a business located in a county touching the Gulf Coast, it is likely that you are eligible to make a claim.

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Many people assume that if they are not employed in the hospitality, tourism, or fishing industry they are not eligible to make a claim – nothing could be further from the truth.  Thousands of industries are now eligible including tradesmen, restaurants, medical professionals, accountants, and even attorneys.  With the exceptions of the Oil and Gas industry, Banking (Funds, Financial Trusts, and other Financial Services), Gaming, Insurance, Defense Contractors and Real Estate Developers every industry is included.  Every kind of entity including corporations, partnerships, and non-profits are eligible; even those who cannot directly attribute negative performance with the spill.

If your business is located in one of the loss zones, a causation test will be required. The criteria and specific requirements of a claim are varied. If your business experienced even a slight revenue decrease over any consecutive three month period between May and December of 2010 (no matter the cause), a potential claim should be investigated.  Simply put, if for any reason you made less revenue between May and December 2010, than you did when compared to the same months in previous years, you should strongly consider filing a claim.

Alliance Legal Group can help you determine your eligibility and assist with an initial causation test.  Each zone and some specific industries require different causation tests so it is important to consult with an attorney who can assist you in determining your eligibility.

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