Jimmy Simien
Eulis Simien
Mark W. Simien
Brent M. Steier
Roy Bergeron, Jr.
David T. Hanks
Our Team of Lawyers
We are honored that thousands of clients have sought our representation in their legal affairs. Our firm consists of lawyers licensed to practice in Texas, Louisiana & Mississippi. In addition to these states, we provide representation to clients in various other parts of the country with proper local co-counsel associations.
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Attorneys Serving Louisiana, Texas and Mississippi
BP to Settle Claims for Up to $18.7 Billion for Deepwater Horizon Disaster
On behalf of Simien & Simien, LLC posted in Oil And Gas on Wednesday, July 8, 2015.
BP has announced that the company has reached an agreement to settle federal, state and local claims that arose from the 2010 Deepwater Horizon oil spill.
The agreement includes the states of Alabama, Florida, Louisiana, Mississippi and Texas. Payments will be made over the next 18 years.
As natives of Louisiana, Simien & Simien understand how much of an impact the Deepwater Horizon disaster had on locals. If you or someone you love has suffered damages as a result of a negligent oil or gas company, contact our experienced environmental damage attorneys. We can help you determine your legal options.
For a free case review, call (800) 374-8422.
Louisiana will be receiving about $6.8 billion to settle claims, it is the largest amount among the five states receiving compensation. Included in the amount is $5 billion that will be used to overhaul the spill's toll on natural resources. The state will also receive $787 million of BP's Clean Water Act penalties, which will be used to repair natural resources, including wetlands, wildlife habitats and more.
About $1 billion will be used to cover the economic losses Louisiana experienced as a result of the spill. How the rest of the funds will be used will be directed by law.
Federal and state trustees worked for five years to assess the damage the spill caused and put a value on losses. The next step for all those involved is to develop a plan for restoration.
Florida is receiving the second biggest payout with approximately $3.25 billion going to the state to handle claims. The primary damage from the oil spill occurred on state's panhandle.
Although some hail this deal as a great way for Louisiana to begin its $50 billion restoration plan, it's important to note that some of BP's payments could be tax-deductible. Additionally, the company gets to put the fiasco behind them, while states, businesses and those who lost a loved one during the disaster must deal with the consequences for years to come.
The experienced Baton Rouge oilfield contamination lawyers at Simien & Simien are ready to help you if you or someone you love has been affected by an oil spill, pipeline rupture and other environmental fiascos.
Related Posts: Final BP Oil Spill Settlement Payments Sent Out, Totaling $520 Million, Fracking in the Gulf of Mexico Has Released Billions of Gallons of Waste, Judge Grants $20 Billion Settlement Approval for 2010 BP Oil Spill, Thousands of Gallons of Oil Spilled into Louisiana Waterways
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If you are looking for a law firm that has knowledge and experience, you will find it with Simien & Simien, LLC.
Simien & Simien, LLC strives for perfection, and we take pride in all that we do. We are proud to have earned a trusted reputation across the United States and we are honored that thousands of clients have sought our representation in their legal affairs. Our firm consists of lawyers licensed to practice in Texas, Louisiana & Mississippi. In addition to these states, we provide representation to clients in various other parts of the country with proper local co-counsel associations. We maintain a trial and appellate litigation practice with an emphasis on serious injury and wrongful death resulting from industrial, vehicular, and other life-threatening or debilitating accidents. The recoveries on individual cases has varied so you should contact us to discuss the potential recovery in your case.
Any information contained on this website does not constitute legal advice and does not establish an attorney-client relationship.
Defective And Dangerous Products
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7908 Wrenwood Blvd
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Our team of dedicated Louisiana, Texas and Mississippi attorneys represent injured persons throughout Louisiana, including Alexandria, Opelousas, Baton Rouge, Lafayette, Lake Charles, Houma-Thibodeaux, New Orleans, Shreveport, Monroe, and throughout Mississippi and areas of Texas including Orange, Beaumont, Port Arthur, Austin, San Antonio, Dallas, and Houston and the other metro areas.
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