Video - BP Oil Spill - $18 Billion Fine Possible

BP could be looking at close to $18 billion in additional fines over the nation's worst offshore oil spill. Federal judge issues ruling and BP will again appeal. Attorney General Eric Holder said Judge Barbier's ruling "will ensure that the company is held fully accountable for its recklessness" and will "serve as a strong deterrent to anyone tempted to sacrifice safety and the environment in the pursuit of profit."

Truth About the BP Settlement - Part 2

Truth About the
BP Settlement 

BP is dissatisfied with the Oil Spill Claims Judge. On behalf of one of the lead lawyers in the BP Oil Spill Settlement, we want you to know and to correct some of the misinformation surrounding BP’s current media campaign. Again, On behalf of the businesses and families of the Gulf Coast, the undisputed factual record establishes that:

"Judge Barbier was selected by a panel of respected trial and appellate court judges from across the country to preside over the BP Oil Spill Litigation, one of the largest, if not the largest, consolidated cases in history. He has been universally praised by BP and others for his ingenuity, commitment and dedication to the efficient and effective management of this vast and complex litigation. Judge Barbier has served on the Federal Bench for well over a decade, and his integrity and judicial excellence have never been called into question."

Just so everyone knows.

 Source: BP Oil Spill Class Counsel

BP Oil Spill Claims - What People Don't Know - Video

BP Oil Spill Claims -
What People Don't Know

Florida BP Oil Spill Claims Attorney http://www.floridaoilspill.com notes that the media has covered the BP Oil Spill Claims for Businesses claims process extensively. What people and business owners don't know: "Is my business covered by the BP Oil Spill Claims Settlement?" This short video can help find a resource to determine if you, your family, or your business qualifies for a settlement from the Deepwater Horizon Claims Center .

The settlement is 1270 pages long and we have posted the agreement here for you to review. See http://bpsettlement.floridaoilspill.com/. We have studied the settlement agreement and can quickly calculate what, if any damages may be awarded.

Florida BP Oil Spill Claims Attorney - Video

One media source noted, "In the months after the Deepwater Horizon oil rig exploded 300 miles off Florida's coast in April 2010, hotel and restaurant owners, fishermen and shopkeepers kept a grim vigil, waiting to see whether the millions of gallons of spilled oil would taint the state's beaches and harm its seafood." See Review.net  "Feeding Frenzy" March 8, 2013.

The Feeding Frenzy report also noted,, "In December, U.S. District Judge Carl Barbier in New Orleans gave final approval to a $7.8 billion partial class-action settlement providing for economic and property damages from the spill, including those in Florida. BP separately agreed to pay $4.5 billion in penalties and pleaded guilty to felony misconduct in the disaster, which cost 11 lives. Barbier now is presiding over a trial to determine whether BP was grossly negligent, with another $17 billion in potential penalties at stake."

The writer recognized, "With the new guidelines, thousands of firms may qualify if they fall within designated coastal zones and show a 2010 drop in revenue after the disaster, with a rebound in 2011. But the window to collect damages from the largest oil spill in U.S. history is closing — economic and property damage claims must be filed by April 2014. "

The article concluded, "As of Feb. 10, in the third phase of payouts, the Deepwater Horizon Claims Center had issued 26,608 eligibility notices with payment offers totaling more than $2 billion throughout the gulf states. The center had also completed more than $1.43 billion in payments on 19,530 claims. "

BP Oil Spill Claims - What People in Florida Don't Know

Also See: BP Oil Spill Claims, oil spill, Florida Oil Spill Claims, Deepwater Horizon, Judge Carl Barbier, Deepwater Horizon Claims Center, Deepwater Horizon Oil Spill, Florida

Source: http://www.review.net/section/detail/feeding-frenzy/