WFSU News Team
Tue June 12, 2012
Floridians Urged to File Claims Under New BP Settlement Agreement
Florida Panhandle residents and business owners are still eligible to recoup losses from the 2010
BP oil spill. A new class action settlement agreement reached on June 4 clarifies who can file a claim. The new agreement designates several categories of eligible claimants, including restaurant and oceanfront property owners. Previously, compensation would have come from a $20 billion escrow account, but under the new agreement, BP will have no spending cap for total compensation. Destin attorney Ruston Sanders says it’s a complex agreement that might be best explained by a lawyer.
“It’s a class-action suit, which means that you are in it unless you opt out," he says. "So, our recommendation would be to consult with an attorney.”>
Sanders says, to find out whether you are eligible, visit the Web site www.DeepWaterHorizonEconomicSettlement.com.