According to a Nov. 26 Associated Press article, attorneys for BP and lawyers representing a group of plaintiffs seeking damages related to the 2010 Gulf of Mexico oil spill said that only about half of those who asked to opt out of a proposed settlement between the groups filed valid exclusion requests. Although 25,866 individuals and businesses asked to be excluded from the proposed settlement—which is pending approval by U.S. District Judge Carl Barbier—only 13,123 submitted valid requests by the Nov. 1 deadline, according to a court filing cited in the article. More than 9,000 of the opt-out requests were invalidated because an attorney signed the requests rather than the actual claimants. Attorneys for both sides said the overall number of valid opt-outs and objections to the proposed settlement are small and should not impact the deal. BP has estimated it will pay nearly $8 billion to resolve more than 100,000 claims. It is not too late to file a claim against BP if you suffered a loss of business income or a diminution of property value stemming from the 2010 oil spill. The Mobile, Alabama, oil spill attorneys at Long & Long continue to evaluate potential cases related to:
The time to seek compensation is limited. Please contact Long & Long for your free case consultation as soon as possible if you experienced financial harm or diminished property value as a result of the 2010 Gulf of Mexico oil spill.