BP Claims in Florida

Florida businesses and families are still trying to calculate their BP claims and measure their losses from the oil spill

GCCF

The complete economic effects of the oil spill on the economy of Florida have yet to be fully calculated. Millions of individuals and businesses suffered from the tarnished beaches and the media paranoia which surrounded the oil spill. In particular the sudden and rapid decline of tourism along Florida’s Gulf Coast affected almost every single industry and individual. It is hard to walk down the streets of Tampa, Panama City, Clearwater, or Pensacola without running into individuals who have stories of how their incomes took a drastic hit due to the BP spill.

There are also stories from those same people who say that BP has failed in their promise to make things right. Every day we hear from people who are frustrated and disappointed at BP and the Gulf Coast Claims Facility. They see the Gulf Coast Claims Facility or GCCF as a system with rules that constantly change, lacks any transparency or consistency, and generally fails to communicate with the very individuals it was tasked to help. Luckily, the GCCF has been closed, and a new court monitored program is replacing the GCCF. It has $7.8 Billion dollars set aside for BP claimants.

How can you recover lost income and revenue?

If you are a business owner or individual who is fed up with BP and the now defunct Gulf Coast Claims Facility (GCCF) and you feel like you cannot get them to hear your case it is time to think about hiring an attorney for you Florida bp claims. BP’s Gulf Coast Claims Facility also known as GCCF was known for not paying businesses or individuals nearly enough to offset their losses, nor even cover their bills. With the help of an attorney with experience dealing with BP and located in Key Largo, you can rest assured the most compensation possible will be sought after. The new BP settlement program is much more efficient than the GCCF. Fill out the simple form for a free confidential case review.

Florida Tourism Industry Suffers Due to Perception of Polluted Beaches & Fish

More than two years after the BP Oil Spill ravaged marine wildlife and businesses along the gulf coast, the public perception of Florida still remains that seafood is not safe to eat. However, we know that Florida beaches are clean and the fish are safe to eat.

BP spent $30 million to advertise the safety of Florida’s beaches and seafood; yet marketing from BP, a company that has done little to develop the trust of the public, has failed in it is goal of getting tourist levels back to pre oil spill levels.

The media frenzy over the BP disaster has also resulted in severe misconceptions over where and which beaches in Florida saw oil. A Conde Nast Traveler Research Center study created shortly after the spill reported that almost 20% of Americans believed oil reached the shores of the Tampa and the Florida Keys. Even those who knew better showed a reluctance to vacation anywhere in the state. It will take some time for those views to completely go away.

The Gulf Coast Oil Spill has severely damaged Florida’s $60 billion tourism industry because of the negative perception it has created for thousands of people. As a result, revenues of businesses catering to the tourist sector have severely declined.


                                       

BP Settlement News

Kurt Mix Indicted in BP Oil Spill-related Case

One week after charged and arrested by the Federal Bureau of Investigation (FBI), a grand jury indicted former BP official Kurt Mix over obstruction of justice relating to the April 2010 Deepwater Horizon oil spill.

Mix was charged for allegedly removing almost 300 messages containing the estimation of the rate at which crude was discharging from BP’s blown-out Macondo well following the blast in the company-operated Deepwater Horizon rig.

Mix resigned from the British oil company in 2012 January.

According to the indictment, Mix fiddled with his iPhone for keeping some details from a jury looking into the Gulf oil spill.

Mix has been freed on $100000 unsecured bond. If convicted, Mix might be imprisoned up to 20 years.

Auditors Happy with the Performance of GCCF

According to BCO Consulting, the company appointed by the U.S. Justice Department to independently audit BP Plc’s Gulf Coast Claims Facility, Kenneth Feinberg and his team have done a wonderful job despite some negligible errors.

GCCF was a $20 billion fund BP formed shortly after the Gulf of Mexico oil spill disaster in April 2010, aiming to compensate the victims. Gulf residents and lawmakers were absolutely unhappy with the way GCCF handled their damages claims. Then the justice department ordered an independent audit to evaluate the performance of the facility.

The auditors discovered 10000 errors made by the facility. However, it is not a significant number, considering that GCCF has processed more than 1 million oil spill claims submitted by the Gulf individuals and businesses in 1.5 years, according to BCO.

Judge Considers Granting Preliminary Approval for BP Oil Spill Settlement

In spite of objections from BP’s Deepwater Horizon cement contractor Halliburton, U.S. District Court Judge Carl Barbier said he is considering giving preliminary approval to a BP oil spill settlement to resolve claims filed by private plaintiffs against the oil giant over April 2010 Gulf of Mexico oil spill.

Barbier heard the proposed settlement’s outline from BP and attorneys representing the private oil spill claimants. He said he was planning to rule within 7 days. There will be a ‘fairness hearing’ by November 2012 for determining whether to grant final approval for the BP settlement.

The proposed deal is aimed to resolve thousands of BP oil spill claims filed by Gulf people and businesses who suffered economic losses because of the most horrible offshore oil spill in the U.S. history. According to BP’s estimates, it has to pay roughly $7.8 billion in order to resolve those claims. However, the settlement is not capped.

Recovery Efforts in Gulf Not up to the Mark, Environmental Groups Say

Some ecological groups in the U.S. believe BP’s and the federal government’s recovery efforts in the Gulf of Mexico after the 2010 oil spill catastrophe are not up to the mark. The report card published by the groups 2 years after the disaster shows this.

The environmental groups include the Gulf Restoration Network (GRN), Asian Americans for Change, and the Sierra Club.

Though two years are over after the worst offshore oil spill in the history of U.S., Gulf fishermen are still struggling financially. The disaster severely affected their livelihoods and they are unable to pay their mounting bills.

The environmental groups say the legal system to decide BP plc’s liability for causing the disaster is to be watched cautiously.

“In case there is a settlement, it must ensure that the deal could be reopened for holding the oil giant accountable for any further impacts in the future,” a GRN representative said.

BP and Plaintiffs’ Lawyers File Formal Terms of Oil Spill Settlement

British oil giant BP and the team of lawyers representing the Gulf people and businesses have presented U.S. district court judge Carl Barbier with the terms of a proposed settlement on Wednesday for resolving the multibillion dollar claims for damages over the 2010 Gulf of Mexico oil spill.

The settlement parties are asking for the deal’s preliminary approval. Carl Barbier has not specified when he is going to rule on the filing.

According to BP estimates, it will have to pay around $7.8 billion to settle these claims filed by the private plaintiffs. The deal doesn’t cover the claims of Gulf Coast states and the U.S. government.

Although BP’s estimation is $7.8 billion, the deal does not have an upper limit on the sum of money the oil company has to pay.

Restore Act Remains Stalled Despite Bipartisan Support

Washington – A bipartisan bill to use BP fines over April 2010 Gulf of Mexico oil spill for restoring the Gulf of Mexico remains on hold in congress even though 2 years passed after the disaster.

The Restore Act is intended to send 80 percent of the Clean Water Act fines from BP and other parties involved in the oil spill disaster to the five states across the Gulf. The money will be eventually utilized for environmental and economic restoration projects and also for scientific studies.

Under present regulations, the BP fines will go to a trust which will help pay for future oil spills. But the supporters of the Restore Act say the fine must go toward restoration of the region that impacted by the spill.

“It is really disappointing that there is no movement still,” Representative Kathy Castor said.

Even though the bill has a bipartisan support in the Senate and the House, it has not passed still as an individual item since it was introduced last spring.

Gulf Oil Spill Committee Holds Meeting to Discuss How to Use BP Fine Money

Chosen officials from Baldwin and Mobile counties met to start discussions on how the BP oil spill fine money to be spend. Both the counties expect money from BP for damages caused by the April 2010 oil spill in the Gulf of Mexico.

The meeting was held at the 5 Rivers Delta Resource Center. The possible members of the AGCRC (Alabama Gulf Coast Recovery Council), a panel of 10 members to be formed under legislation, were present in the meeting.

According to organizers, the meeting was mainly to introduce the members of the panel to one another and to provide a general idea of the Restore Act, a legislation to direct the BP fine money to the Gulf Coast States affected by the April 2010 disaster.

The Senate has already approved the Restore Act. Now it is waiting for House approval.

City of Foley to Receive $875,000 as Oil Spill Compensation from BP

Alabama – The city of Foley is to receive $875,000 soon as it reached a settlement with BP over the 2010 oil spill in the Gulf of Mexico, said Mike Thompson, the city administrator.

Following the executive conference to fix a deal, the council voted unanimously to accept money offered by BP as compensation for losses in sales taxes and other revenues and for potential losses in the future on account of the Deepwater Horizon disaster.

Mayor John Koniar said the settlement was reached after a negotiation between the city and the oil company officials last week.

He said the settlement amount is fair and is a little higher than what the city had expected.

Lawmaker Wants LA Voters to decide whether BP Oil Spill Money should be directed to Coastal Improvement

A policymaker from Iberia Parish says he would like Louisiana voters to determine if settlements and judgments arising from 2010 Gulf of Mexico oil spill are to be dedicated to coastal restoration.

The proposed legal amendment by Representative Simone Champagne asks for snaring any money the state received from any suits relating to the BP oil spill disaster.

House Bill 812 demands any such money to be deposited in the CPRF (Coastal Protection and Restoration Fund).

“This amendment in constitution gives voters in Louisiana to decide how the money has to be spent and a chance to vote for the coast,” Champagne said.

Study Says BP Oil Spill Spoiled Corals in the Sea

The oil spill that released millions of gallons of crude into the Gulf in April 2010 has severely damaged coral communities as far as 11 kilometers (7 miles) away, a scientific study says.

Using a process known as two-dimensional gas chromatography, a group of U.S. scientists found that the oil around the damaged corals was released from the BP’s doomed Deepwater Horizon well.

The researchers discovered that the coral communities along the sea surface close to the blown-out well were covered with a type of brown substance and showed symptoms of tissue damage.

Sea bed coral group lies around 1200 meters below the ocean surface and so they not normally affected by spills from tankers, said Helen White, a chemistry professor with Haverford College, Pennsylvania.

“We do not expect deep-sea corals to be injured by a typical spill. But Deepwater Horizon spill’s sheer magnitude and its discharge at depth make it entirely different from an oil tanker spill,” White said.

According to researchers, it requires more study to find out if the coral can recover.