Government opens final settlement process in gulf oil spill

BP’s $20-billion compensation fund will begin lump-sum payments to those affected by the spill, a U.S. official says. But recipients will forfeit all future claims against BP and other defendants. The $20-billion compensation fund created by BP in the aftermath of the Gulf of Mexico oil spill will begin issuing lump-sum payments to residents affected by the disaster as part of a final settlement program, Kenneth R. Feinberg, the federal official overseeing the fund, said Wednesday.

The rest is here:
Government opens final settlement process in gulf oil spill

ATTORNEY ADVERTISEMENT:  This communication or portions thereof may be considered "advertising" as defined by Section 6157(c) of the California Business and Professions Code or within the jurisdiction in which you are viewing this.  Nothing in the discussion above is intended to be a representation or guarantee about the outcome of any legal proceeding in which you may be involved.  By providing the information above in this format, Michel & Associates is not soliciting you to hire it to handle a specific legal matter you may currently have or be anticipating commencing in the future.  Notwithstanding the discussion above, you should not act or refrain from acting on the basis of any content on this site without seeking appropriate legal advice regarding your particular circumstances from an attorney licensed to practice law.  This communication is informational only and does not create an attorney-client relationship between you and Michel & Associates.  Michel & Associates's attorneys are licensed to practice in California, Texas, and the District of Columbia.