As a follow-up to the above, on April 4, 2016, Judge Carl Barbier entered an order granting final approval of the consent decree lodged jointly by the Federal Government, BP and the Gulf States. As we reported previously, confirmation of BP’s settlements with the Federal Government and the Gulf States was contingent on Judge Barbier granting final approval of the consent decree. With his order entered, the largest environmental settlement in U.S. history will now move forward. The consent decree had been proposed for public comment on Oct. 5, 2015.
As our readers know, the State of Alabama’s oil spill settlement was a component part of the overall governmental settlements. With this new development, Alabama will begin receiving annual payments beginning 90 days from April 4, 2016, (also known as the “effective date”). From that point on, Alabama should receive its scheduled compensation every additional year.
In total, Alabama will receive $2.3 billion in compensation, including compensation for economic losses resulting from the oil spill, natural resource damages, and an apportionment of Clean Water Act civil fines and penalties. Rhon Jones and Parker Miller led this litigation on behalf of the firm for the State of Alabama. I mentioned the other Beasley Allen lawyers who worked on the state’s case above. These lawyers were instrumental in ensuring the State received justice in the form of damages in this matter. If you have any questions about the settlement or any aspect of State of Alabama’s lawsuit, contact Parker Miller at Parker.Miller@beasleyallen.com or 800-898-2034.
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