The ELG took immediate action in 2010, working tirelessly to help both individuals and businesses that were affected by the BP oil spill. The firm took a leading role in negotiations with BP, Transocean and Halliburton and has represented thousands of clients in this matter.
In 2012, the PSC negotiated an open-ended settlement with BP over property damage, economic and medical claims by businesses and individuals — with no cap (limit) on the value of potential payments to claimants. In addition, BP set aside $2.3 billion for oyster leaseholders, commercial fishermen, seafood boat captains, and others. Another $57 million will be used to promote the Gulf areas to rebuild tourism and the seafood industry.
Our attorneys continue to represent clients who filed claims with BP’s Settlement Program. Once those claims are finalized, the ELG will represent clients in similar settlement programs set up by Halliburton and Transocean.