Shrimp processors protest BP settlement terms

Members of the American Shrimp Processors Association have requested a federal judge to delay his decision on a $2.3 billion settlement with BP for economic damages following the Gulf oil spill. The shrimp processors feel that they are unfairly excluded from the settlement.

The settlement is meant for seafood-related claims. The shrimp processors argue that they play a very important role in the industry and have suffered losses equal to those of shrimping boats that are included in the settlement.

BP will be paying out more than $7 billion to businesses and other groups who suffered adverse effects as a result of its disastrous 2010 oil spill.

If you have suffered economic losses as a direct result of BP’s oil spill, contact the Gulf oil spill claims attorneys of Williams Hart at 800-821-1544.

Businesses and property take serious blow from oil spill

The sales of property in the Gulf Coast have gone down due to the recent oil spill. One area in particular that has seen a downfall in sales is the luxury home market.

Toll Brothers, the largest luxury home builder, has already reported that they have seen a 20 percent decrease in sales. They have reported that the reason for the decrease is American’s negative outlook about the entire gulf area.

There are other reasons associated with the decrease such as the elimination of tax credit after the buying a home and a economic issues in Europe.

If you or a loved one has suffered from the economic impact of the oil spill, contact the Gulf of Mexico economic impact lawyers of Williams Hart by calling 800-821-1544.





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