June 8, 2015 Claim Filing Deadline Set for Deepwater Horizon Economic and Property Damages Settlement

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United States District Court for the Eastern District of Louisiana

Mar 30, 2015, 01:43 ET

NEW ORLEANS, March 30, 2015 /PRNewswire/ -- June 8, 2015 has been established as the deadline to submit a claim in the Economic and Property Damages ("E&PD") Settlement with BP Exploration & Production Inc. and BP America Production Company ("BP") related to the Deepwater Horizon Oil Spill. All eligible Class Members must act soon.

The E&PD Settlement Class includes people, businesses, other entities, and properties in the states of Louisiana, Alabama and Mississippi, and certain counties in Texas and Florida, that were harmed by the Deepwater Horizon oil spill that occurred on April 20, 2010. The website www.DeepwaterHorizonSettlements.com has detailed descriptions and maps of the included geographic locations to help Class Members determine whether they are a part of the E&PD Settlement Class. Additionally, Class Members can call 1-866-992-6174 or e-mail [email protected] to find out if a geographic location is included.

The settlement provides payments for economic loss or property damage because of the Deepwater Horizon oil spill. By submitting a claim, Class Members can request a payment in one or more of the following seven categories:

Economic Damage
Loss of Subsistence
Vessel Physical Damage
Real Property Sales Damage
Vessels of Opportunity Charter Payment
Coastal Real Property Damage
Wetlands Real Property Damage

Economic Damage payments are available for Individuals and Entities that lost profits or earnings as a result of the Deepwater Horizon Incident. Coastal Real Property payments are available for property that was physically damaged in connection with the Deepwater Horizon Incident. Detailed descriptions of all seven categories are available at the website.

There is no limit on the total dollar amount of the E&PD Settlement. All qualified and timely claims will be paid in full once they are approved. The Settlement also allowed for Seafood Compensation claims, but the deadline for those claims has passed.

Class Members must submit a Claim Form to request a payment. Class Members can get a copy of the various Claim Forms by visiting the website or by calling 1-866-992-6174. Claims can be submitted online or by mail. The claims deadline is June 8, 2015.

SOURCE United States District Court for the Eastern District of Louisiana