Tag Archives: Gulf Coast

Seven Years Later, Deepwater Horizon Still Spilling Into Legal System

The BP oil spill has faded from the global headlines, but seven years later, the effects on residents of the Gulf Coast and the legal system nationwide are far from over. While the journey has been long and difficult, there are lessons for those injured and their lawyers. The Deepwater Horizon Claim Center will likely shut down this year after paying an estimated $13 billion in individual and business claims for economic and property damages. As it does, payments from related settlements, this time with Halliburton Energy Services Inc., Trans-Ocean Offshore Deepwater Drilling Inc. and other defendants, will start. Thousands of claimants are expected to divide $1.24 billion.,,, Those in the seafood industry received $2.3 billion in compensation for business and economic losses. Of that, $520 million was not paid until late last year, which means some people waited six-and-a-half years to receive all of their money. click here to read the story 11:40

Northeast Fishermen thank Senators Mikulski, Shelby for including $150 million in fishery disaster assistance in a recent appropriations bill.

seacoastonlinelogoThe House must still approve the allocation, would be split between the Northeast, Alaska and Gulf Coast fisheries. Last year, the House stripped an identical funding amount out of a different bill. [email protected] 08:06