Oil Spill Claims in Florida
On May 2, 2012, the Court has granted the preliminary approval of BP's Economic Class and the Settlement, and the Program began accepting claims on June 4, 2012. The Economic and Property Damages Settlement is a class action settlement, which means that those who meet the class definition for Economic Class Members will be able to file a claim for compensation.
This Settlement Program has opened new opportunities for claimants filing for economic damages and has given life to a wide array of new claims which previously would not have been considered. In order to process and establish the necessary evidence for a successful claim, the class settlement (comprised of 1,200 pages) established different geographic zones for claimants. BP established the zone system in order to end the uniform treatment of different types of business claims that was experienced under the GCCF, and it has also enabled more businesses and individuals to qualify.
These zones are important because the location of the claimant's employer, residence, or property will govern which zone the claimant qualifies under, and will also affect the damage multiplier that is applied to the damages sought.
What Settlement Zone do I fall under?
For other types of claims, the location of your property will be the key factor in determining if your property is eligible for that type of claim, as well as the amount of compensation that you are entitled to. This is true of cases involving Coastal Real Property Damage, Real Property Sales Damage, and Wetlands Real Property Damage.
The BP Deepwater Horizon Claims Center has set forth four different geographic zones to classify what type of person or business has a claim. The Zones are classified A, B, C, and D, in order of distance away from the Gulf of Mexico. There is no set "miles from coast" determination, but rather the zones boundaries have been drawn to best delineate what areas were affected by the spill the most.
These zones are important in two ways. First, the zones closer to the Gulf have a much smaller burden of proof to meet to determine whether individuals or businesses qualify for compensation from BP. Second, each zone has a different associated multiplier that is used to determine exactly how much BP will pay out on the claim.
Contact a Skilled Florida Oil Spill Lawyer
The zone system can be complicated and confusing to navigate, but our skilled legal team can help you take full advantage of the compensation offered to you through the Economic and Property Damages Settlement. We have helped many clients throughout Florida recover the financial help they need and deserve in the aftermath of the Deepwater Horizon incident, and we are prepared to go to work for you. Contact Givens, Givens & Sparks to address which Zone your claim may fall under and to receive a free evaluation of your oil spill claim.