BP oil spill
Out of context: Reply #616
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- nica_a0
BP completed negotiations with the <a title="BP gets many claims from the oil leak causing $3 billion to be put within the fund" href="http://personalmoneystore.com/moneyblog/2010/08/09/bp-oil-spill-fund/">Justice Department</a> Monday that establishes the $20 billion BP oil leak compensation fund. Victims of the oil spill in the Gulf of Mexico 2010 will be able to access some of the $3 billion put in the fund specifically for them. The fund was set up after BP and Obama met and discussed the situation on June 16. So far, BP said its oil leak costs have totaled $6.1 billion, including $319 million paid out in BP oil spill claims. But more than 100,000 individuals are still waiting to hear about their claims. Lawyers don’t know how to work with the fund.