A settlement between BP and federal prosecutors over civil penalties related to the 2010 Gulf of Mexico oil spill seems unlikely at this point, as both sides prepare for a trial that begins Monday. BP faces billions of dollars in penalties in the trial as well as charges of gross negligence over the Deepwater Horizon oil rig explosion that killed 11 workers and led to the worst offshore oil spill in U.S. history. Although there were talks between BP attorneys and the Justice Department in an effort to settle and avoid trial, negotiations appear to have stalled. In a Thursday article on AL.com, Alabama Attorney General Luther Strange—who will represent Alabama in the trial—said, “We’re ready to try the case. A settlement would be a longshot at this point.” As the BP civil trial begins, the Mobile, Alabama, oil spill attorneys at Long & Long continue to investigate claims from business and property owners in Alabama, Mississippi, Louisiana, Florida and Texas who suffered revenue loss or diminution of property value related to the oil spill. We are currently evaluating claims related to:
Time to seek compensation for damages related to the Gulf of Mexico oil spill is limited. If you are a business owner, property owner or VOO participant who was harmed by the 2010 Gulf of Mexico oil spill, please contact Long & Long for your free case consultation.