Proposed plan given for $7.8 billion BP Gulf oil spill

Posted on April 18th, 2012 No Comments

Officials with BP along with attorneys representing plaintiffs in the case have proposed a plan to discuss the terms of the $7.8 billion Deepwater Horizon rig explosion that caused an oil spill in the Gulf of Mexico.

This plan will resolve the billions of dollars in order to pay out the private party claims that includes more than 100,000 individuals and businesses.

This plan does not resolve the lawsuits that were brought against BP from Gulf states or the federal government. A conference has been set up from May 3 in order to discuss the claims that have not been covered by this plan.

If you or a loved one was denied a claim in the Gulf Oil spill, you need representation on your side during this time that may be able to help you receive the compensation you deserve. Contact the Gulf oil spill lawyers of Williams Kherkher today by calling 800-821-1544.

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