Don’t Depend on Gov’t to Help with BP Oil Spill Damages
- Home /
- Don’t Depend on Gov’t to Help with BP Oil Spill Damages
The BP oil spill in the Gulf of Mexico has led to a frenzy of activity on several fronts in regards to the businesses in the Gulf of Mexico region that will be harmed greatly when the spill reaches land. In many cases, such as with commercial fishermen, the damage has already been done, and the spill will continue to devastate several industries for an undetermined amount of time.
While lawmakers are scrambling to hold BP accountable for this disaster and BP itself has stated that it intends to pay for the damages, there are facts in existence that should tell anyone who has been or is about to be harmed in a business sense by this spill to take action and to find a Phoenix BP oil spill lawyer.
BP Oil Spill – Legal Cap on Economic Damages
It’s possible that one of the reasons that BP executives have stated that they will pay for the damages caused by this oil spill is because the Oil Pollution Act of 1990, which was passed on the heels of the Exxon Valdez disaster in Alaska, caps the amount of economic damages that a liable party must pay for this sort of disaster at $75 million. If that’s the extent of liability that BP would face, there is little risk in stating that they will cover damages. In response to this damages cap, both President Obama and several members of Congress have stated that they will attempt to move that cap to $10 billion. However, even that may not be enough.
Estimates on Actual Legal Damages Caused by BP
While estimates can and do vary in these situations, one common number that’s being offered as an estimate to the damages caused by this BP Oil spill is $14 billion. Presumably, this number would cover the cost of the cleanup of the spill, the cost of preventative measures taken and the cost of damages suffered by people who have had their business operations interrupted or even destroyed by this catastrophe. Even if the new cap is somehow passed, it appears that it will not cover the losses incurred by innocent residents and business owners in the Gulf of Mexico region.
Therefore, if you are faced with the prospect of suffering losses to your business because of the BP oil spill or reocvering compensation for injuries that you may have suffered, do not wait for others to attempt to handle the issue. Instead, contact a Phoenix personal injury lawyer at Phillips Law Group today to schedule a free initial consultation, as the firm is not delaying in its efforts to hold BP accountable for this disaster.
Free Case Evaluation
By submitting your contact information, you agree that we may contact you by telephone (including text) and email in accordance with our Terms and Privacy Policy

Your message has been sent
Thank you for your message, we will get back to you soon.
-
Kathy Hudson and Donato Giovanatto. Continues to go above and beyond the call of duty. Reaching out to the insurance company about the damage to the vehicle. Forcing them to take responsibility.
-
Great experience! Took care of pretty much everything, and I always felt like I want in good hands. Caroline Fa. was also a great help with everything. She always returned my calls and I never felt unheard. Even after my case she would still help me with my insurance documents.
-
-
Sophia H is very helpful.
-
The lawyers here are of top quality. Especially Trey Dayes, who was always respectful and hard-working.
-
Sophia H. at Phillips Law Group has been an absolute joy to work with -quick, responsive, and professional in every interaction. Her breadth of knowledge, from administration to IT to finance, is nothing short of impressive.
-
Working at Phillips Law Group has been a blessing from the beginning for me and I am extremely thankful to work for a firm that values their employees so much. Here I believe we are a huge family of hard working people that can bring a sense of comfort to our client’s lives in times of hardships, stress and chaos. From intake to Settlement we strive to provide the best customer care to all of our wonderful clients. With a 4.8 rating and over 1100+ star reviews on Google no surprise our firm is extremely well known for the quality of work we do!! #teamPLG!!
-
Great company and awesome service. Thanks Caroline fabos. Kudos to all.
-
Jasmine Delgado is an amazing paralegal. She was patient, kind and extremely knowledgeable. Highly recommend Phillips law group
-
I’ve been working at Phillips Law Group for nearly four years and I can confidently say this is the best personal injury firm in Arizona to work for. The firm is the best for numerous reasons but to start, Phillips Law Group gives employees opportunities for promotions and growth. I started working within the settlement department, moved to a paralegal assistant and grew to be a pre-litigation paralegal with my own case load. Each attorney I have worked for is extremely knowledgeable, friendly, and easy to talk to. Secondly, I love how Phillips Law shows appreciation for employees. They host Friday Zoom Huddles giving out PTO, goodie bags, special shout outs, bonuses and gift cards. They also host extravagant holiday parties and fun contests during the Holidays! Lastly, the firm cares about giving back to the community, which is a trait I value as well. It’s rewarding to see a fast paced firm taking time out of their busy day to pay it forward. I would highly recommend working at Phillips Law Group!