Deadline for BP Oil Spill Claims Expected to be Extended

Business owners seeking to file a compensation claim against oil company BP for damages incurred in the 2010 Deepwater Horizon oil spill initially were told to expect an April 2014 deadline to do so, but it now appears that that deadline is now likely to be extended through October and possibly even through 2015.

The terms of last year’s settlement between BP and the Plaintiff’s Steering Committee set the April 2014 deadline, but the language ensured that the date was always movable.  Lawyers involved with the case say there is very little chance that any of the legal challenges that have made against the settlement will be resolved before October 22, six months from the proposed April 22 deadline, which will mean that it is no longer possible for April 22 to be the applicable deadline. Until all outstanding appeals are resolved or all parties agree to a new deadline, the actual date will continue to be at least six months in the future.

Because of the ever-changing nature of the spill claim process, it is essential to have an experienced lawyer who has experience with the Deepwater Horizon settlement process on your side. Individuals who have already filed claims may be facing appeals from BP, so it is also important to have an attorney help you with the appeals process, if that is the stage that you are currently at.