Did the victims of Deepwater Horizon receive compensation? The $18.7 billion BP settlement announced Thursday does little to heal the wounds suffered by the families of the 11 crew members killed when the Deepwater Horizon
Did the victims of Deepwater Horizon receive compensation?
The $18.7 billion BP settlement announced Thursday does little to heal the wounds suffered by the families of the 11 crew members killed when the Deepwater Horizon exploded and sank off the Louisiana coast. While the settlement does not involve the families directly, some feel BP is getting off easy.
Is BP still paying for Deepwater Horizon?
The vast majority of the tab – about $69 billion – has been picked up by BP. The remainder has been split among Transocean, which owned the Deepwater Horizon, and BP’s drilling partners Anadarko and MOEX.
How much money did the survivors of Deepwater Horizon get?
In March 2012, BP settled with them for $7.8 billion. As part of the settlement, it agreed to replace Feinberg with Patrick Juneau, a lawyer from Lafayette, La. The settlement made it much easier for companies and people to get compensation without any serious documentation.
Is Deepwater Horizon still operating?
After approximately 36 hours, Deepwater Horizon sank on 22 April 2010. The remains of the rig were located resting on the seafloor approximately 1,500 m deep at that location, and about 400 m northwest of the well. The resultant oil spill continued until 15 July when it was closed by a cap.
What is BP net worth?
The company has around 18,700 service stations worldwide. Its largest division is BP America in the United States….
| BP’s headquarters in St. James’s, Westminster, London | |
|---|---|
| Operating income | US$−21.74 billion (2020) |
| Net income | US$−20.73 billion (2020) |
| Total assets | US$267.65 billion (2020) |
| Total equity | US$85.57 billion (2020) |
How much is Blackpink net worth?
Safe to assume, the 24-year-old star is worth around $12 million to $13 million as of now. Blackpink members Jennie (Kim Jennie) and Jisoo (Kim Jisoo) are estimated to be worth around the same ballpark, at around $10 million.
When is the last day to file a claim for Deepwater Horizon?
Click here for an Alert about the Seafood Compensation Program Residual Distribution. The Deepwater Horizon Economic and Property Damages Settlement (the “Settlement Program”) is no longer accepting new Claim Forms. The final claim filing deadline was midnight Prevailing Central Time on June 8, 2015.
What was the settlement for the Deepwater Horizon oil spill?
The Economic & Property Damages Settlement resolves certain economic loss and property damage claims related to the 2010 Deepwater Horizon oil spill. If you are included in this Settlement, you could receive money if you were harmed by the oil spill in one or more of the following categories:
When was the Fifth Circuit Court of Appeals decision on Deepwater Horizon?
The District Court issued an Order on 12/21/12 certifying the Economic and Property Settlement Class and granting final approval of the Economic and Property Damages Settlement Agreement. On 1/10/14, a three judge panel for the Fifth Circuit Court of Appeals affirmed the District Court’s Order.