BP Deepwater Horizon Oil Spill Claims

Many of us along the Gulf Coast were impacted by the BP Deepwater Horizon Oil Spill, and have filed claims.

The deadline for claims under the court supervised settlement program has moved out, and is no longer April 22, 2014.

The details of the “deadline” are such that it is a moving target.   The Deadline is 6 months from the last possible legislative action, and once again, the action finds itself in Appeals Court, indefinitely extending deadlines.

This does not mean that you should sit on your hands, and enjoy the extension to file a claim.   There is a Settlement Agreement Provisions (Section 21.3) that states if the circuit or supreme court decertifies the case, anyone filed before that time, will be paid.

Procrastinators beware, there is an “en banc” petition pending with the 5th Circuit Court for just that.  Is it likely?   That’s not relevant, if it happens, any claim filed after that date would not be paid, any claim filed before that date is secured.

Best to get your claims in, and not look for a reprieve.


 

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