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New System to Replace BP’s Oil Spill Claims Facility

Panama City – The $7.8 billion deal declared last week by oil giant BP will possibly give thousands of Floridians with pending oil spill claims and claims rejected by BP’s Gulf Coast Claims Facility (GCCF) a chance to have those claims reviewed under the new agreement.

The GCCF, which was formed by BP after the April 2010 oil spill in the Gulf of Mexico for paying damages to victims of the spill, is going to be replaced by a new court-overseen facility for assessing the bp settlement. Pending claimants can now decide whether to accept their payment based on the existing criteria or the new system which will be implemented shortly.

The deal declared by BP still required U.S. District Judge Carl Barbier’s formal approval. Once approved, it will end suits filed by around 100,000 plaintiffs who claimed their livelihoods were impacted by the 2010 BP oil spill.

Posted by admin - March 21, 2012 at 2:16 pm

Categories: BP Claims, BP Claims Attorney, BP Claims Lawyer, BP Claims News, BP Claims Number, BP Oil Spill Claims, BP Oil Spill News, Uncategorized   Tags:

Deadline for BP Oil spill Compensation Claims Extended

Panama City – Those who experienced financial loss due to April 2010 BP oil spill can still file claims for compensation.

The deadline for applying for Gulf of Mexico oil spill compensation has been changed from May 7 to June 11.

Previously, the oil spill compensation claims had been processed by a $20 billion claims fund (Gulf Coast Claims Facility or GCCF) established by BP. Later, a court-supervised system replaced it.

The Quick Payment program gives $25,000 to businesses and $5,000 to individuals. Those who accept a quick pay can’t make further claims other than personal injury or death.

Posted by admin - May 16, 2012 at 5:13 pm

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BP Funds Seafood Marketing Campaign

Mobile, AL – An innovative, $5million, marketing campaign to promote seafood of Alabama has started today in Mobile. The launch was celebrated by the Alabama Seafood Marking Commission on Friday (May 11) at Wintzell’s Oyster House, downtown.

The three-year campaign is aimed to raise the demand for the state seafood. The TV, print, outdoor and online advertisements will target restaurants and consumers across the area.

British oil giant BP is funding the campaign as the April 2010 Deepwater Horizon oil spill severely impacted the seafood industry and the gulf economy.

Posted by admin - May 14, 2012 at 4:00 pm

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BP Says It is Ready to Help Remove Oil Sheen if Proved Responsible

BP Plc said it was ready to help dealing with the ‘oil sheen’, which was found east of Perdido Pass, if there is evidence that it was caused by April 2010 Gulf of Mexico oil spill.

A contractor hit a tar mat on Saturday as he was dredging the location for the U.S. Army Corps of Engineers. It was buried in the sand, says Phillip West, Orange Beach coastal resources manager.

City officials are expecting to hear from the ADEM (Alabama Department of Environmental Management) regarding how to get rid of the tar mat. ADEM discussed the matter with U.S. Coast Guard on Wednesday.

The dredging will be completed by Friday.

The Coast Guard has sent samples to its Marine Safety Lab and is waiting for the result.

Posted by admin - May 11, 2012 at 2:32 pm

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