Houston Law Firm Focusing on Financial Damage Claims from BP Oil Spill

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Commercial fishermen, shrimpers and seafood processors along the Gulf of Mexico are now feeling the economic impact of the massive oil spill, which has closed many fishing areas.

Brad T. Wyly

The effect of an oil spill on the Gulf Coast and the Texas economies is being felt by commercial fishermen, shrimpers, and coastal restaurants and property owners, as well as the tourism industry. The economic harm may be felt for years to come.

The ongoing oil spill and expansion of closed fishing areas in the Gulf of Mexico threatens economic ruin to commercial fishermen, shrimpers, seafood processors, restaurants and property owners, Houston attorney Brad T. Wyly says.

“The harmful tide of the oil spill is washing ashore and hitting the hard working people who depend on the waters of the Gulf for a living,” said Wyly, a personal injury attorney and founder of the Wyly Law Firm, based in Houston. “The economic harm caused by this oil spill may be felt for years to come. It’s certainly appropriate to declare the fishery a disaster.”

On Monday, U.S. Commerce Secretary Gary Locke declared there has been a fishery disaster in the Gulf of Mexico due to the economic impact on commercial and recreational fisheries from the ongoing Deepwater Horizon oil spill. The affected areas covered by the declaration so far include the states of Louisiana, Mississippi and Alabama.

Since May 2, the National Oceanic and Atmospheric Administration has closed a portion of federal waters in the Gulf, leaving many commercial fishing vessels in Texas, Louisiana, Mississippi, Alabama and Florida tied to the docks. The closure area, which is based on the trajectory of the spill, now includes nearly 20 percent of federal waters in the Gulf of Mexico between Louisiana state waters at the mouth of the Mississippi River and the waters off Florida’s Pensacola Bay.

The oil spill was caused by the blowout of an underwater well and explosion of the Deepwater Horizon, a semi-submersible drilling rig on April 20, as it was working approximately 50 miles off the coast of Louisiana. The explosion killed 11 maritime workers and left 17 crew injured. The subsequent oil spill has leaked millions of gallons of oil into the Gulf of Mexico.

Wyly said that commercial fishermen, seafood processors and other businesses that have suffered a loss due to the oil rig explosion may be eligible to seek compensation from the entities involved in the drilling rig explosion. Responsible parties may ultimately include: Transocean (owner and operator of the oil rig); BP (holders of the lease); Haliburton (which cemented the well); and Cameron (the manufacturer of the blowout preventer).

“Fishermen and businesses on the Texas gulf coast may be entitled to money for lost earnings and destruction of their irreplaceable fishing grounds,” Wyly said. “They certainly need all the assistance they can get.”

About the Wyly Law Firm

The Wyly Law Firm, P.C., is dedicated to standing up for the rights of injured workers or those whose livelihoods are impacted by maritime accidents resulting in oil spills. Based in Houston, Texas, the Wyly Law Firm has represented countless individuals and businesses throughout the area, including Beaumont, Baytown, Galveston, Pasadena, Harris County and Houston.

Firm founder, Brad T. Wyly, advocates for his clients and provides one-on-one personalized service. To contact Wyly, call the firm at 713-574-7034.

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