BP oil spill settlement gains preliminary approval

posted on:
May 8, 2012

author:
Staff

category:
Environmental

U.S. District Judge Carl Barbier on May 2, 2012, granted preliminary approval to two class action settlement agreements between BP and plaintiffs’ attorneys related to the 2010 oil spill in the Gulf of Mexico. The settlements would help to resolve more than 100,000 claims from businesses and individuals who say they were harmed by the massive oil spill, which erupted in the Gulf of Mexico in April 2010.

Beasley Allen attorney Rhon Jones serves on the Plaintiffs’ Steering Committee, which has been working on the consolidated litigation. He says the settlement will allow folks affected by the spill to have their claims paid in a “fair, efficient, transparent process.”

The Deepwater Horizon rig exploded on April 20, 2010, killing 11 workers and spilling an estimated 206 million gallons of crude oil into the Gulf. Beaches, wetlands, and other ecologically sensitive marine environments from Louisiana to Florida were awash in oil and tar during the spill, and scientists remain uncertain about the scope and duration of the damage.

BP and plaintiffs’ attorneys reached an agreement March 2 that allocates billions of dollars for medical claims and economic damages. Judge Barbier issued preliminary approval orders for the Medical Settlement Class and the Economic & Property Damage Settlement Class.

 

Read the Preliminary Approval Order – Medical Settlement Class

Read the Preliminary Approval Order – Economic & Property Damage Settlement Class

 

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