compensation fund

Louisiana GOHSEP / Wikimedia Commons

Monday, June 8, 2015  marks the deadline to file a claim under the Deepwater Horizon Economic and Property Damages Settlement Program. The four Louisiana claims centers located in Cutoff, Lake Charles, Lafitte and Metairie will be open until midnight tonight.

Herman, Herman & Katz's Steve Herman, co-lead council for the BP trial's plaintiff's steering committee, explained what the deadline means, starting with the difference between this program and the seafood compensation program, for which the deadline to file claims has already passed.

NEW ORLEANS (AP) — The Justice Department says more than $64 million will be paid to about 7,300 people and businesses whose claims with BP's $20 billion compensation fund were shortchanged or wrongfully denied after the 2010 oil spill in the Gulf of Mexico.  The department says an independent audit found significant errors in its processing of claims.