In March of 2012, BP Oil reached a proposed class action settlement with the Plaintiffs’ Steering Committee which BP has valued at about $7.8 billion.  The court will consider final approval of the settlement at a Fairness Hearing scheduled for November 8, 2012. On Ringler Radio, host Larry Cohen and Ringler colleague, Wayne Wagner join guest, Attorney Paul Sterbcow from the firm Lewis, Kullman, Sterbcow & Abramson, to give a behind the scenes look at the Plaintiff’s Steering Committee and provide updates on a potential settlement for the worst oil spill in U.S. history.

Visit Ringler to contact a consultant in your area about structured settlements.

The BP oil spill created an environmental and economic disaster affecting the entire Gulf Coast region.  On March 2, 2012, BP agreed to settle the class action of certain oil spill related claims with the plaintiff steering committee, representing the interests of individuals and businesses throughout the region.  Ringler Radio host Larry Cohen talks with colleague, Robert P. Caples and guest, Attorney Rhon E. Jones from the Beasley Allen law firm, about the various aspects of the settlement, including the important major changes in how claims will now be administered.

Visit Ringler to contact a consultant in your area about structured settlements.