Following a report on the press conference held Thursday morning, July 2, by Alabama Gov. Robert Bentley and Attorney General Luther Strange to announce a settlement in principle with BP, Beasley Allen lawyers Jere Beasley and Parker Miller talked to Tonya Terry on Alabama Live to discuss the settlement. Upon final approval by the judge in this case, the settlement will provide the State of Alabama with $2.3 billion for economic and environmental damages resulting from the April 2010 Deepwater Horizon oil spill in the Gulf of Mexico. Lawyers from Beasley Allen represented Gov. Bentley’s office in this litigation. The total settlement will compensate five states for losses related to the disaster and will total in excess of $18.5 billion. It would be the largest environmental settlement in U.S. history.
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