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Gulf Coast Oil Spill


Cunningham Bounds senior partner, Robert Cunningham, was selected by U. S. District Court Judge Carl Barbier as a member of the Plaintiffs' Steering Committee (PSC) for the oil spill litigation cases which were consolidated in New Orleans federal court. Beginning in the fall of 2010, the PSC organized and led the multi-district litigation (MDL) which resulted in a historic settlement on the eve of trial on March 2, 2012.

Cunningham was a leader of the trial team and spearheaded the interrogation of BP CEO Tony Hayward in deposition in London during the summer of 2011.

It is important for all individuals and businesses to understand how this settlement may affect your legal rights. All Alabama business owners should be aware that they may qualify for reimbursement based on the recent BP Oil Spill Settlement. The settlement agreement provides that all businesses throughout Alabama - not just those located on the Gulf Coast or affiliated with tourism - could be eligible for compensation.

The agreement with BP defines the criteria businesses must meet in order to qualify for a claim. The agreement also includes a detailed formula to determine whether each business is actually eligible to receive compensation. No direct evidence of the spill's impact is required if a business meets the financial formula.

Again, businesses throughout Alabama are potentially eligible for compensation.




To read the details of the settlement in principle, please click here


To read the entire BP settlement agreement, click on the link below:

Deepwater Horizon Economic and Property Damages Settlement Agreement.





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