National BP Oil Spill Law Firm Announces Deepwater Horizon Claims Center Now Accepting Economic Loss, Medical Claims From Businesses, Individuals Impacted by BP Oil Spill

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The BP Oil Spill Lawyers of Parker Waichman LLP, a National Law Firm with Extensive Experience Representing the Victims of Oil Spills and other Environmental Disasters, are Available to Assist Businesses and Individuals Seeking to File Economic Loss or Medical Injury Claims with the Deepwater Horizon Claims Center.

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Parker Waichman LLP, a national law firm with extensive experience representing the victims of oil spills and other environmental disasters, is offering assistance to businesses and individuals that wish to file claims with the Deepwater Horizon Claims Center for economic losses or medical injuries resulting from the April 2010 BP oil spill. On June 4, 2012, the Court supervised Deepwater Horizon Claims Center began accepting economic loss claims from businesses and individuals impacted by the Gulf of Mexico oil spill. []

The BP oil spill began on April 20, 2010 with an explosion aboard the Deepwater Horizon oil rig that killed 11 men. By the time the well was brought under control, roughly 4.4 million barrels of oil had spilled into the Gulf of Mexico. The BP oil spill, which now ranks as the largest offshore oil disaster in US history, paralyzed important segments of the Gulf Coast's economy, including seafood and tourism. According to Parker Waichman, the Deepwater Horizon Claims Center was set up under the terms of a settlement reached this spring in thousands of BP oil spill lawsuit. The settlement, which has been preliminarily approved by U.S. District Judge Carl Barbier, is uncapped, though BP has estimated the cost at about $7.8 billion []

The Deepwater Horizon Claims Center began accepting economic loss claims on June 4, 2012, at 7:00 a.m. CST/8:00 a.m. EST, and is now open to any individual or business that suffered spill-related losses and hasn't already accepted a final settlement from BP. The Center will pay valid claims as they are approved. Under the terms of the settlement, businesses and individuals may receive compensation under any of the following categories:

  •     Seafood Compensation Program
  •     Individual Economic Loss
  •     Individual Periodic Vendor or Festival Vendor Economic Loss
  •     Business Economic Loss
  •     Start-up Business Economic Loss
  •     Failed Business Economic Loss
  •     Coastal Real Property Damage
  •     Wetlands Real Property Damage
  •     Real Property Sales Loss
  •     Subsistence Loss
  •     Vessel of Opportunity Charter Payment
  •     Vessel Physical Damage

The Court also established a separate medical claims process for oil spill cleanup workers and Gulf coast residents allegedly injured due to exposure to spilled oil. However, medical damage payments won't begin unless and until the class is certified by the Court and is upheld on a likely appeal.     []

Parker Waichman LLP, which has already recovered tens of millions of dollars in compensation on behalf of BP oil spill victims, is offering assistance to any business or individual seeking to file economic damage or medical injury claims with the Deepwater Horizon Claims Center. Free consultations are available through, or by calling 1-800-BIG-SPILL.

For more information regarding BP oil spill claims and Parker Waichman LLP, please visit: or call 1-800-LAW-INFO (1-800-529-4636).

Parker Waichman LLP
Gary Falkowitz, Managing Attorney
(800) LAW-INFO
(800) 529-4636

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Gary Falkowitz, Managing Attorney
Parker Waichman LLP
(800) 529-4636
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