Your Business May be Entitled to Deepwater Horizon Settlement Funds
January 17, 2013 | Category: | ShareNow is the time to file a Deepwater Horizon Economic Settlement Loss claim. Although the BP oil spill in the Gulf of Mexico happened from April 20, 2010 until July 15, 2010 the economic harm done to businesses is still being felt today. Many Southwest Florida business owners are not aware that they are likely eligible for a portion of the more than $13 billion of BP Deepwater Horizon Settlement funds. 800,000 claims are expected by Patrick Juneau, BP Settlement Administrator. He reports only 70,000 have been filed to date. Now is the time to file a Business Economic Loss claim.
The deadline for filing a Business Economic Loss claim is April 22, 2014. The new requirements under the Deepwater Horizon Economic Damages Settlement Agreement open up the pool of those eligible within the designated zones to nearly any business regardless of whether the business was even indirectly affected by the oil spill. Many Southwest Florida area businesses from local printing companies, doctors, lawyers, restaurant owners, plumbers, and so many other area businesses are not yet aware that there are hundreds of millions of dollars that can be infused into the economy and their businesses by filing a claim.
To explain the formula simply, if your business made less money during any three month period between April and December of 2010 than in the same period in previous years, you are likely to meet the test for causation and qualify. "On a free and confidential basis, our forensic accountant will look at all of the possible combinations of years to determine whether you qualify." says BP Oil Spill Deepwater Horizon Settlement Attorney, Randall Spivey.
The zone for businesses that are eligible extends many miles inland along the entire Southwest coast of Florida. Your business does not need to be located on or near the Gulf of Mexico.
"Usually when filing claims causation proof is required. This means that there must be a direct documented relationship between economic hardship or business loss and the event. In the case of the BP Deepwater Horizon Economic Damages Settlement, however, the District Court waived the causation requirement. Now businesses need to show a decrease in sales following the oil spill. Although this simplifies the process, to obtain the maximum possible benefit remains a complicated matter which should be handled by an attorney. Our BP Oil Spill Specialists, which includes forensic accountants, are currently assisting many area businesses in Lee, Collier and Charlotte Counties. Claims are being paid promptly following submission. There is no cost or obligation for a review of your situation. Our contingency fee is only payable when we obtain financial compensation for you." says BP Oil Spill Attorney, Randall Spivey, Spivey Law Firm, Personal Injury Attorneys, P.A.
People are only now realizing this opportunity. There is no limit to the number of businesses that can file a claim and be awarded funds. The funds are there for Southwest Florida businesses to make a claim in the Deepwater Horizon Economic Damages Settlement.
Randall L. Spivey is a Board Certified Civil Trial Attorney – the highest recognition for competence bestowed by the Florida Bar and a distinction earned by less than 2 percent of Florida attorneys. He has handled over 1,500 personal injury and wrongful death cases throughout Florida. For a free and confidential consultation to discuss your legal rights, contact the Spivey Law Firm, Personal Injury Attorneys, P.A., in Lee County at 239. 337.7483 or toll free at 1.888.477.4839, or by email to Randall@SpiveyLaw.com. Visit SpiveyLaw.com for more information. You can contact Spivey Law Firm, Personal Injury Attorneys, P.A. in Charlotte County at 941.764.7748 and in Collier County 239.793.7748.