BP Oil Spill Settlement – Important Update

Boteler Finley and Wolfe Law Firm in Mobile AL, BP Oil Spill Settlement Claims Resources As you may have read or heard, BP is trying to contest certain aspects of the class action settlement that was approved last year. BP has also started an advertising campaign concerning “fraudulent claims.” While we can not speak to the number of alleged fraudulent claims that may have been submitted, we can say that all business revenue loss claims submitted by Boteler, Finley & Wolfe have been done so in strict compliance with the terms of the settlement agreement with all required supporting records and documents. So far all claims submitted by BF&W have been paid or have payment pending. We are committed to making sure all claims submitted for our clients are calculated and presented in strict compliance with the terms of the settlement agreement that BP negotiated and that BP asked the Court to approve. BP has now filed an Appeal of the Class Certification to try and set-aside all or some of the current settlement terms and agreement. It is predicted that the hearing on the appeal will occur sometime this Fall with a ruling sometime in early 2014. It seems to be a consensus among attorneys representing the claimants in this matter that if the ruling is favorable to BP and the settlement terms are changed or modified or the class de-certified, the Court will allow those claims currently submitted and pending to proceed under the current terms of the settlement agreement. (Note: this is simply our opinion but one shared by most attorneys currently representing claimants.) FOR THIS REASON, we are encouraging all of our business clients who have not submitted a claim to have their financial records analyzed as soon as possible to see if in fact their business qualifies for a business revenue loss claim under the current terms of the settlement! It is our goal to have all qualified business revenue lass claims submitted by no later than October 31, 2013. If you would like to read more about the terms of the current settlement agreement to see if your business might qualify please visit our blog article concerning the terms of the BP Oil Spill Settlement.  Analysis of your potential claim is done at no charge and qualifying claims are presented and prosecuted on a reduced contingency fee of 15% plus expense reimbursement. For more information about your potential claim, please contact Knox Boteler at 251 433-7766 or by e-mail at knox@bfw-lawyers.com (please put “BP Claim” in the subject line.) *DISCLAIMER: To the extent this informational post may be considered an attorney advertisement, the Alabama State Bar Regulations require the following disclaimer: No representation is made that the quality of legal service to be performed is greater than the legal services performed by other lawyers. If you currently have an attorney assisting you on the subject matter of this advertisement then you are encouraged to continue using said attorney. However, if you are not satisfied with the service and advice of your current attorney, you are entitled to seek a second opinion from another attorney. The Mississippi Supreme Court advises that a decision on legal services is important and should not be based solely on advertisements. Free Background information is available upon request to a Mississippi attorney. The listing of any area of practice by a Mississippi attorney does not indicate any certification of expertise therein. See Mississippi Rules of Professional Conduct Rule 7.2(d), Rule 7.4(a), Rule 7.6(a) (1997).