Immediately as it got established, several people residing in those affected areas of the Gulf Coast states when this spillage happened have already been given their compensation. Kenneth Feinberg, who is the BP compensations fund’s chief, in December 2010 iterated that to those affected by the oil spill and do not intend to file a law suit against BP can apply for the BP Settlement instead.
What have been the BP Settlement claims so far?
Till date there are 496,114 claims that are filed by those people who wanted to ultimately receive a huge share of the BP Settlement and strongly get all the damages caused to them compensated. Around $3.5 billion was in all paid to about 170,709 individuals and businesses. However, not all the BP Settlement claims have been completely accepted. If at all the claims that you have made to BP have been rejected then do not worry as there is still hope. There is another chance wherein you could still have the claim that you put forward re-filed or re-assessed or just be a part of those who have filed the lawsuit. There are hundreds and hundreds of lawsuits already filed against BP, smacking a $376 million bucks for the compensatory pays. This is separate from the BP compensations funds that were created.
If at all you are one of those who has lost a lot of property, business, other financial losses due to the Gulf Oil Rig exposure then contact the BP attorneys as they will determine if at all you are eligible for the BP Settlement of claims or not.