Could I still be eligible for BP oil spill recovery if my business did not begin until 2009 or 2010?
Yes. If a business did not begin until 2009, or even 2010, it could still qualify as a start up. The business must have begun on or prior to the date the spill began, April 20, 2010. Eligibility will be determined using gross monthly revenues from the time of start up through April of 2012,
What information is needed to determine if my business qualifies for BP oil spill benefits?
The information needed to screen a claim for eligibility is simple. In addition to the location and type of business, the company’s gross monthly revenues from 2007 through 2011 should be analyzed. Using the attached trend sheet, Christopher Ligori & Associates can screen your claim for eligibility free of charge. No one should decide they
What types of businesses are eligible to recover under the BP oil spill settlement?
The scope of the BP settlement is staggeringly broad. Not only is the geographical area covered by the terms of the settlement enormous, but almost any type of business could be eligible to recover. Under the settlement, a qualifying “business” includes claims for corporations, partnerships, and business income reported on 1040 Schedules C, E or
What geographic areas are covered by the BP oil spill settlement?
All Florida counties bordering the Gulf of Mexico, from the Panhandle down to the Keys, the entire states of Alabama, Mississippi, and Louisiana, and some counties in Texas as shown on the map below. As a condition to receiving settlement benefits, the business must have leased or owned real property in a zoned county at
How is my business eligible for BP oil spill benefits if oil did not hit my area?
The media attention on the Deepwater Horizon disaster was intense, with constant streaming video of the oil spill for three months straight. As a result, BP has acknowledged a “trickle down” effect on the economy of all Florida counties located on the Gulf of Mexico—from the Panhandle down to the Keys, the entire states of
The BP Deepwater Horizon Class Action Settlement: Perception is Reality
Many Floridians are scratching their heads wondering how and why businesses from the Panhandle all the way down to the Keys can recover under the recent BP Deepwater Horizon class action settlement. There was no oil on Tampa Bay beaches—and certainly not as far south as Naples and beyond. Some people worry it is just
Location, location, location!
There are 3 very easy steps we use to determine a business’s eligibility under the BP oil spill class action settlement: 1) location; 2) type of business; and 3) financial criteria. The subject of today’s blog is the first step—location. As they say in real estate: It’s all about location, location, location! Did your business
BP is NOT saying, “So sue me!” If you qualify, BP pays.
Unlike many civil defendants, BP has agreed to pay qualifying businesses within the zoned areas without the need for litigation. So if your business meets some basic criteria, BP pays your claim. You will not be required to be a named plaintiff in a lawsuit, nor engage in discovery and depositions. It is merely a
Why It Is Necessary to Have an Investigator Working on Your Case Immediately After the Crash
Timely employing the services of a private investigator is important because that way the investigator is obtaining information from the injured persons very close to the actual time of the crash. Many times the investigators get “clues” on what needs to be done on the case to prevail, and what defenses may be brought out by
