BP should pay all the businesses in Alabama, Mississippi, Louisiana and western Florida that it agreed to pay when it signed the Deepwater Horizon settlement agreement.
Birmingham, AL (PRWEB) May 21, 2013
In a new blog post on BP Settlement News, attorney Michael J. Evans says, "BP should pay all the businesses in Alabama, Mississippi, Louisiana and western Florida that it agreed to pay when it signed the Deepwater Horizon settlement agreement."
Michael J. Evans is one of a group of Alabama attorneys representing businesses and charities in filing BP settlement claims. The law firms have a BP settlement blog where people can get information about BP claims. The blog also has contact information for anyone who wishes to contact the law firms. Evans started the blog as an experiment in citizen journalism in May, 2010, and eventually turned it into a source of news about the BP oil spill trial and settlement.
According to a May 16, 2013 BBC report, BP believes its financial recovery is in jeopardy because the BP settlement compensation system is "being abused." The BBC article reported that Prime Minister David Cameron was "hugely concerned" about that situation.
Robert Peston, the Business Editor of the BBC, stated, "BP gives many examples of businesses which have received huge compensation payments when they have suffered no harm from the oil spill”
The BBC article also quotes an oil analyst who has a more objective viewpoint. Malcolm Bracken, an oil analyst for a UK stock broker, said that the problem was that BP signed a "blank cheque" that doesn't require businesses to prove causality in order to get paid.
Bracken pointed out that, under the terms of the BP Settlement Agreement, "Businesses aren't asked "'Was it the well spill that actually caused you problems at your business?'
"You can argue it is being abused, but that was the settlement they made and they are trying to wriggle out of it," said Bracken.
"Bracken is exactly right," says attorney Evans. "BP began trying to 'wriggle out' of the settlement almost as soon as it was signed."
All quotes and references to BBC reporting are taken from an article appearing at http://www.bbc.co.uk/news/business-22549710.
Evans' blog post is at http://bp-settlement-news.com/bp-settlement/bp-settlement-bp-seeks-aid-from-british-government-to-avoid-bp-claims/86/.
The term "BP Settlement" refers to the settlement in In Re: Oil Spill by the Oil Rig “Deepwater Horizon” in the Gulf of Mexico, on April 20, 2010, MDL NO. 2179, that was finally approved by U.S. District Judge Carl Barbier on December 21, 2012, and filed on that date in the United States District Court for the Eastern District of Louisiana. A copy of the Final Order and Judgment are attached to this press release.
About Michael J. Evans
Michael J. Evans is owner of the Law Offices of Michael J. Evans, LLC, which is located in Birmingham, Alabama. Evans has a background in mass tort and complex litigation, both locally in Alabama and nationally using the Internet. Evans has extensive experience using the Internet and social media to connect injured clients with law firms nationwide.
Michael J. Evans
Law Offices of Michael J. Evans, LLC
P.O. Box 55055
Birmingham, AL 35255
Advertising disclaimer: No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. The hiring of a law firm is a serious decision that should not be based on advertising alone.