Loss in tourism claims from oil spill may not be covered

Posted on July 12th, 2010 No Comments

The person in charge of dispersing the $20 billion fund set up by BP to pay back the victims of the oil spill announced that some businesses that have been hurt because tourists have been staying away may not be compensated by the fund.

Kenneth Fienberg said that deciding whether businesses who were not directly effected by the spill will be compensated or not is one of the toughest decisions in the case. People who own businesses that have seen a decrease in revenue after the spill are claiming that billions of dollars are being lost will hurt their way of life.

Fienberg told the house that initial payments for reimbursement may be made to the companies, but elected officials in the region say that that will not be enough to keep the businesses open.

If you or a loved one has suffered damage from the gulf oil spill, contact the Gulf oil spill lawyers of Williams Kherkher by calling 800-821-1544.

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