BP to set up $20 billion fund for victims of the oil spill

Posted on June 16th, 2010 No Comments

Officials have told The Associated Press the BP will be setting up a $20 billion fund in order to pay claims to people that have had  jobs and their way of life have disrupted due to the oil spill.

Kenneth Feinberg, the lawyer who was in charge of  overseeing payments to the victim’s families of the terrorist attacks on September 11, 2001, will be in charge of this. President Obama met with BP officials Wednesday to urge that they set up a fund for families whose lives will be damaged severely from the Gulf Oil Spill that occurred on April 20.

If you or a loved one has lost their job or suffered from property damage to your home, contact the Oil spill property damage lawyers of Williams Kherkher by calling 800-821-1544 to discuss your legal options.

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