National Sponsors
June 6, 2012 Stone County Enterprise | ![]() |
©
Stone County Enterprise. All rights reserved. Upgrade to access Premium Tools
PAGE 10 (10 of 12 available) PREVIOUS NEXT Jumbo Image Save To Scrapbook Set Notifiers PDF JPG
June 6, 2012 |
|
Website © 2025. All content copyrighted. Copyright Information Terms Of Use | Privacy Policy | Request Content Removal | About / FAQ | Get Acrobat Reader ![]() |
10 STONE COUNTY ENTERPRISE
I LOCAL I
www. stonecountyenterprise.com
June 6, 2012
Economic and Property Damages Settlement
Providing Money to Individuals and Businesses
If you have economic loss or property damage
because of the Deepwater Horizon oil spill, you could
get money from a class action settlement with BP
Exploration & Production Inc. and BPAmerica Production
Company ("BP"). Go to DeepwaterHorizonSettlements.
corn for more information, including information on how
to tile a claim.
WHO IS INCLUDED IN THE ECONOMIC &
PROPERTY DAMAGES SETTLEMENT?
The Economic and Property Damages ("E&PD")
Settlement Class includes people, businesses, and other
entities in the states ofl.ouisiana, Alabama and Mississippi,
and certain counties in Texas and Florida. that were harmed
by lhe oil spill. The website DeepwaterHorizonSettlements.
corn has detailed descriptions and maps to help you
determine whether a geographic location may be
included in the E&PI) Settlement. Additionally,
you can call 1-866-992-6174 or e-mail questions@
DeepwaterHorizonEconomicSettlement.com to find out if
a geographic location is included.
WHAT DOES THE ECONOMIC t PROPERTY
DAMAGES SETTLEMENT PROVIDE?
The Ii&PD Settlement makes payments for the
following types of claims: (1) Seafood Compensation.
(2) Econonfic Damage, (3) Loss of Subsistence,
(4) Vessel Physical l)amage, (5) Vessels of Opportunity
Charter Payment, (6) Coastal Real Propeziy Danmge,
(7) Wetlands Real Property Damage, and (8)Real Property
Sales l)amage. There is no limit on the total dollar amount
of the E&PD Settlement: all qualified claims will be paid.
How TO GET BENEFITS FROM THE ECONOMIC
& PROPERTY DAMAGES SETTLEMENT
You need to submit a Clainl l-rm to request a payment.
'm can get a copy of the various Claim Forms by
visiting the website or by calling 1-866-992-6174. Claims
can be submitted online or by mail. if you have questions
about how to file your claim, you should call the toll-free
number for assistance.
The deadline to submit most E&PD claims will be
April 22, 2014 or six months after the E&PD Settlement
becomes effective (that is, after the Court grants "final
approval" and any appeals are resolved), whichever is
later. There will be an earlier deadline to submit E&PD
Seafood Compensation claims. The earlier deadline to
submit Seafood Compensation claims will be 30 days
after final approval of the Settlement by the United
States District Court for the Eastern District of Louisiana
(regardless of appeals). Actual claim filing deadlines
will be posted on the website as they become available.
Valid claims will be paid as they are approved, beginning
shortly after the Court-Supervised Settlement Program
commences. It is highly recommended that E&PD
Settlement Class Members complete and submit their
claim forms promptly. Please read the Medical Benefits
Settlement notice because you may also be eligible for
benefits from that settlement.
YOUR OTHER OPTIONS
If you do not want to be legally bound by the E&PD
Settlement, you must Opt Out or exclude yourself by
October 1, 2012 or you won't be able to sue BP over
certain economic and property damage claims. If you
stay in the E&PD Settlement, you may object to it by
August 31, 2012, The Detailed Notice explains how to
exclude yourself or object.
The Court will hold a hearing on November 8, 2012 to
consider whether to approve the E&PD Settlement. You
or your own lawyer may ask to appear and speak at the
hearing at your own cost. The Court will also consider
Class Counsel tees, costs, and expenses including an
interim payment of $75 million and additional awards
equal to 6% of class claims and benefits paid. Class
Counsel tees, costs and expenses under the Economic and
Property Damages Settlement Agreement and the Medical
Benefits Settlement Agreement jointly cannot exceed $600
million. Class members" payments will not be reduced if
the Court approves the payment of Class Counsel fees.
costs, and expenses because BP will separately pay these
attorney fees, costs, and expenses.
Medical Benefits Settlement
Providing Benefits to Clean-Up Workers and Certain Gulf Coast Residents
If you have a medical claim related to the Deepwater
Horizon oil spill, you could get benefits from a class
action settlement with BP Exploration & Production
Inc. and BP America Production Company ("BP").
Go to DeepwaterHorizonSettlements.com for more
information, including inforination on how to file a
claim.
WHO IS INCLUDED IN THE MEDICAL
BENEFITS SETTLEMENT?
The Medical Class includes ( I ) clean-up workers and
(2) certain people who resided in specific geographic
areas in coastal and wetlands areas along the Gulf
Coast during specific periods in 2010. The website
DeepwaterHorizonSettlements.com has detailed
descriptions and maps to help you determine whether
a geographic location may be included in one of these
zones. Additionally. you can call 1-866-992-6174 or
e-mail info @ DeepwaterHorizonMedicalSettlement.
corn to find out if a geographic location is included.
WHAT DOES THE MEDICAL BENEFITS
SETTLEMENT PROVIDE?
The benefits of the Medical Benefits Settlement
include: (!) payments to qt, alifying people for
certain acute (short-term) and chronic (ongoing)
medical conditions occurring after exposure to oil
or chemical dispersants; (2) provision of periodic
medical examinations to qualifying people; and
(3) creation of a Gulf Region Health Outreach Program,
consisting of projects to strengthen the healthcare
system. Benefits (!) and (2) will be provided only
after the Court grants final approval and any appeals
are resolved.
How TO GET BENEFITS FROM THE
MEDICAL BENEFITS SETTLEMENT
You need to submit a Claim Form lo request benefits.
You can get a copy of the Claim Form by visiting the
website or by calling 1-866-992-6174. Claims can be
submitted by mail. If you have questions about how
to file your claim, you should call the toll-fi'ee number
for assistance.
The deadline for filing a Claim Form is one year after
the Medical Benefits Settlement becomes effective
(that is, after the Court grants "'final approval" and
any appeals are resolved), The exact date of the claim
filing deadline will be posted on the website. It is
highly recommended that Medical Class Members
complete and submit their claim forms promptly.
Please read the Economic and Property Damages
Settlement notice because you may also be eligible
for a payment from that settlement.
YOUR OTHER OPTIONS
lfyou do not want to be legally bound by the Medical
Benefits Settlement, you must Opt Out or exclude
yourself by October 1, 2012 or you won't be able to
sue BP over certain medical claims. If you stay in the
Medical Benefits Settlement, you may object to it by
August 31, 2012. The Detailed Notice explains how
to exclude yourself or object.
The Court will hold a hearing on
November 8, 2012 to consider whether to approve
the Medical Benefits Settlement. You or your own
lawyer may ask to appear and speak at the hearing at
your own cost. Class Counsel will ask the Court to
consider an award of fees, costs, and expenses of 6%
of the value of the benefits actually provided under the
Medical Benefits Settlement Agreement. Class Counsel
fees, costs, and expenses under the Medical Benefits
Settlement Agreement and the Economic and Property
Damages Settlement Agreement jointly cannot exceed
$600 million. Class members" payments will not be
reduced if the Court approves the payment of Class
Counsel fees, costs, and expenses because BP will
separately pay these attorney lees. costs, and expenses.
DeepwaterHorizonSettlements.com • 1-866-992-6174