Tampa, FL 3/7/2012 11:02:53 PM
News / Law

BP Oil Spill Settlement Reached, Announces Morgan and Morgan

Morgan and Morgan is pleased to announce that a BP oil spill settlement has been reached to compensate the hundreds of thousands of victims of the Deepwater Horizon oil rig explosion. The Plaintiffs’ Steering Committee (PSC), on which Morgan and Morgan was proud to serve, spearheaded the litigation against the oil giant and established a settlement which will resolve most of the property damage, injury and private economic loss claims stemming from the oil spill. If you have been affected by the oil spill, it’s not too late to make a claim for compensation. To find out if you are owed monetary damages from the BP oil spill settlement, visit http://www.forthepeople.com/bp-oil-spill-settlement-gulf-of-mexico-oil-spill-lawsuits--12-4070.html and fill out the free case review form. 

Under the terms of the BP settlement, the company is obligated to fully satisfy all eligible claims. BP will fully fund the settlement, with no limit on the amount it will pay. BP has reached one settlement agreement to compensate private economic losses related to the oil spill for individuals and businesses which sustained damage to wetlands, personal property and coastal property; sustained real property sales losses; lost profits; lost subsistence use; and have claims for failure to pay under BP’s Vessels of Opportunity Program. The second oil spill settlement will compensate Gulf residents and clean-up workers who suffered from health problems related to oil and chemical dispersants exposure and will provide periodic medical consultations for the next 21 years. 

While the heart of the claims process shifts to New Orleans under court supervision, claimants are permitted to accept a portion of their existing Gulf Coast Claim Facility offers while still retaining their right to participate in the economic loss settlement. For more information on the BP settlement, visit ForThePeople.com today. The oil spill attorneys at the firm are providing a free online consultation to all Gulf residents who suffered damages as a result of the BP oil spill. 

About Morgan & Morgan 

Morgan & Morgan is one of the largest plaintiff’s law firms in the country with multiple office locations throughout Florida and the Southeast. The firm handles auto accident cases, personal injury cases, and medical malpractice cases, as well as claims against drug and medical device manufacturers. Visit Morgan and Morgan online at http://www.forthepeople.com/ for a free case evaluation and information about your legal rights.