The BP oil spill caused due to the explosion of Deepwater Horizon is undoubtedly the most tragic ecological disaster ever to have taken place. It is unfortunate, that such an incident took place. It not only ruined many lives and businesses but also caused a severe damage to the marine life and wild life. Inhabitants of the Gulf are still trying to get back to the normal life. Thousands of people had settled along the cost and had set up their work there. After the incident many hotels, sea food joints, restaurants etc faced tough time. Even now tar balls show up in the fishing net clearly indicating how contaminated the water is. That is not all, a research was conduct in the year 2011 as per which a lot of oil was seen on the sea floor. Unfortunately this oil has not yet been recovered.
Those who have suffered the damages, whether individuals or businesses have the full right to file a BP lawsuit against the company for which it is necessary to consult a BP oil spill lawyer who would help you get the documents right and would also calculate the losses that you have faced. It was decided that $20B would be provided as a BP settlement fund to compensate for the losses of the victims. Initially the GCCF was responsible for making the payments for the claims but it failed to function efficiently. The compensation was delayed for many people and many found it hard to understand how the system was working. Considering the dissatisfaction caused by the operations of the GCCF, the court was ordered to start a new transparent system that could handle the claims efficiently.
Currently the system is under a transition phase and the GCCF is closing. It has issued a notification for quick settlement. As per this notice an individual can opt for BP $5000 settlement and a business would get a compensation of $25000. Those who refuse to accept this amount will get the compensation they deserve by the new BP settlement system. A good BP oil spill lawyer would help you get the compensation that you deserve. Now that the GCCF is closed and the BP claims will be handled by a court monitored BP settlement system. If you want to reapply for the claim then you will have to get in touch with a BP oil spill lawyer for the paper work. Proper documentation is the most important aspect of settlement or litigation process which must be carried out under legal guidance.
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