Houston, Texas (PRWEB) June 04, 2013
Williams Kherkher Hart Boundas, LLP, with its principal office in Houston, Texas, today announced that they have launched http://www.MySpillClaim.com. This website allows the public to determine whether they meet the “V-Shaped Revenue Test” set forth in the Class Action Settlement Agreement relating to the April 20, 2010, Gulf Oil Spill, as referenced in the Deepwater Horizon Economic Settement. Businesses and Charities who pass this test -- and who are also members of the Class Action -- are eligible to receive compensation from the Deepwater Horizon Court Supervised Claim Center.
“We are very excited about MySpillClaim.com,” stated Armistead “Armi” Easterby, who manages the Oil Spill Claims Team within Williams Kherkher. “Previously businesses, charities, and individuals had to pay an attorney or accounting firm to see if they pass the V-Shaped Revenue Test. Now they can get a real time result with no cost or obligation; we think the public has the right to find out if they qualify without having to first hire a lawyer or accountant.”
“You don’t have to be right on the beach to qualify,” explained Easterby. “In fact, most businesses and charities located anywhere in Louisiana, Mississippi, Alabama, and the Western counties of Florida are included in the Class Action Settlement, and should run their numbers through MySpillClaim.com to see whether they pass the test.”
In order to complete the V-Shaped Revenue Test a potential claimant need only enter their monthly gross revenue for the period between May 2007 and December 2011. Many Gulf State businesses and charities mistakenly believe that they have to be located directly on the Gulf of Mexico to qualify, or have to prove the Oil Spill directly damaged their business or charity. “Neither of these misperceptions are accurate,” explained Easterby.
“A typical claimant can run this calculation on MySpillClaim.com in less than 5 minutes” continued Easterby. “Virtually all businesses and charities maintain their monthly gross revenue, and getting this information is typically a matter of a few mouse clicks, or a call to their accountant or bookkeeper.”
While the Class Action Settlement Agreement does contain other tests to qualify for compensation, the “V-Shaped Revenue Test” used by MySpillClaim.com is the most common, and the only one that is based solely on gross revenues for the aforementioned time period. Per the terms of the Class Action Settlement Agreement eligible claimants must submit a claim on or before April 22, 2014. “If you don’t file your claim before the deadline, you forfeit your right to compensation and the money that is owed to you will revert back to BP” stated Easterby.
“We encourage all businesses and charities in the Gulf States to visit the site and take 5 minutes to see if they qualify,” concluded Easterby. “So far only a small fraction of eligible businesses and charities have filed their Oil Spill Claims, and we encourage businesses and charities to educate themselves about whether they qualify for compensation.”
For additional information on the site, visit http://www.MySpillClaim.com. For a full copy of the Class Action Settlement, visit http://www.laed.uscourts.gov/OilSpill/OilSpill.htm for details on MDL 2179.
For media inquiries, please contact Paul Cobb at pcobb(at)williamskherkher(dot)com, or via phone at 713-230-2263.