Call for a FREE Consultation | 24/7

(361) 400-4000

BP Oil Spill Business Claims

Has Your Business Been Affected by the BP Oil Spill? If You Lost Income Due to BP's Negligence, Our Experienced Attorneys Represent Clients Nationally Through an Extensive Network of Co-Counsel Relationships. We Can Help.

Free Case Review

Financial Compensation For Lost Income

FREE BP Claim Reviews Throughout Texas, Louisiana, Mississippi, Alabama and Florida.

When the Deepwater Horizon drilling rig exploded in April 2010, the millions of gallons of oil that spilled into the Gulf of Mexico as a result led to the largest environmental disaster to threaten property owners, businesses, and entire industries in the Gulf states – including Texas, Louisiana, Mississippi, Alabama, Florida – and across the United States. Two years later, the fishing and restaurant industries continue to suffer from a loss of business and profits, as do local business owners in Texas whose livelihood has been severely affected by the devastating BP oil spill. Unfortunately, those seeking compensation for the BP oil spill through the Gulf Coast Claims Facility (GCCF) have faced additional trials, as claims for compensation have been unfairly delayed and even denied. If your business in Texas has been adversely affected by the Deepwater Horizon disaster, contact our experienced BP oil spill attorneys at Bandas Law Firm today to learn about the new BP oil spill settlement process intended to compensate victims of the devastating oil spill.

Industries Affected Most by the Oil Spill

A number of industries in Texas and along the Gulf Coast were adversely affected by the Deepwater Horizon explosion and the catastrophic oil spill that followed. As a result of the devastating environmental disaster, fragile ecosystems, fish populations and important industries continue to struggle, even two years later. Industries in Texas and other states affected by the oil spill potentially entitled to oil spill damages include:

  • Commercial fishermen
  • Restaurant and bar owners and employees
  • Seafood processors
  • Vacation rental property and hotel owners
  • Commercial shrimpers
  • Oyster business owners and employees

Settlement for BP Oil Spill Victims

Economic Loss Zone - BP Oil Spill

Economic Loss Zone – BP Oil Spill

The Gulf Coast Claims Facility was the administrative program put in place by the Obama administration shortly after the BP oil spill took place, intended as a means of compensating victims affected by the Deepwater Horizon disaster. Unfortunately, the GCCF was extremely slow and inefficient in its payment of claims, and was widely criticized for unfairly denying legitimate BP oil spill settlement claims or offering settlements far below what claimants were entitled to. In June 2012, a new process of compensating BP oil spill victims was put in place, establishing eighteen claims processing centers throughout the five Gulf states affected by the disaster, and developing specific claims forms for a variety of economic and financial claims associated with the oil spill.

The Economic & Property Damages Settlement will resolve certain economic loss and property damage claims filed by victims of the Deepwater Horizon oil spill, including those harmed in one or more of the following ways:

  • Business economic loss
  • Start-up business economic loss
  • Failed business economic loss
  • Seafood compensation program
  • Individual economic loss
  • Individual periodic vendor or festival vendor economic loss
  • Coastal real property damage
  • Wetlands real property damage
  • Subsistence loss
  • Real property sales loss
  • Vessel physical damage
  • VoO charter payment

If your Texas business has lost money as a result of the BP oil spill, contact our BP oil spill settlement lawyers at Bandas Law Firm for assistance in documenting your losses and submitting a claim for fair compensation.

Attorneys To File Your BP Settlement Claim

With the introduction of the Deepwater Horizon Economic & Property Damages Settlement, our BP oil spill settlement lawyers at Bandas Law Firm believe that Texas businesses affected by the oil spill will now receive faster payments and fair settlements that truly reflect the extent of their damages and losses. Tens of thousands of claims are expected to be filed under the new court-approved BP oil spill settlement program though, which is why it is imperative that you contact an experienced BP oil spill lawyer in Texas today and ensure that your claim is filed as soon as possible. Our BP oil spill attorneys at Bandas Law Firm will work hard to get your claim filed quickly, and will help you maximize your recovery for damages associated with the Deepwater Horizon disaster. Led by Chris Bandas, our team of experienced attorneys at Bandas Law Firm believes in protecting the rights of our clients, and will use our skill and expertise to help you seek fair and timely reimbursement for your oil spill-related losses.

This website may be accessed by persons in jurisdictions and states where legal representation is not available from Bandas Law Firm, P.C. Representation is not available in all states or jurisdictions and Bandas Law Firm, P.C. is not accepting cases in all states and jurisdiction, including any state or jurisdiction where it would be impermissible for it to do so. Bandas law Firm, P.C. is associated with other law firms in other states and jurisdictions as required by law.

Call for a FREE Consultation | 24/7

(361) 400-4000

free case evaluation