Individuals Employed & Businesses Located Along the Gulf Coast May Be Eligible for Compensation from BP through this New Settlement.
A settlement approved by the District Court for the Eastern District of Louisiana provides for compensation to individuals and businesses affected by the 2010 Deepwater Horizon Oil Spill. The settlement itself, along with details, appendices and supporting documentation, is hundreds of pages long. Businesses-by-the-Beach has organized some of the most relevant information to assist our visitors in understanding the compensation criteria and calculations.
Category I: Individuals with Tax Documents for 2010 AND Benchmark Period
If you have your federal or state Tax Returns (or Forms W-2 and/or 1099) for the Compensation Period (2010) and for your Base Year(s), you will most likely qualify as a Category I Individual. Your Base Years can be 2009, 2009 and 2008, or 2009, 2008 and 2007.
Many businesses along the Gulf Coast were impacted by the 2010 Deepwater Horizon Oil spill. Below are several of the documents that may be of interest to business owners.
A. Compensation Framework for Business Economic Loss (PDF)
B. Causation Requirements for Business Economic Loss Claims (PDF)
C. Documentation Requirements for Economic Loss Claims (PDF)
D. Failed Business Compensation Framework (PDF)
E. Framework for Start-up Business Claims (PDF)
F. Compensation for Spill-Related Cancellations (PDF)
G. Compensation for Multi-Facility Businesses (PDF)
H. Excluded Industries (PDF)