RTRS: Oil spill claims total $1.2 billion in seven weeks
(Reuters) - The Gulf Coast Claims Facility, created to compensate people and businesses for damages related to BP Plc's Gulf of Mexico oil spill, has paid $1.2 billion in claims since the organization took over the process from the oil company on August 23.
(Reuters) - The Gulf Coast Claims Facility, created to compensate people and businesses for damages related to BP Plc's Gulf of Mexico oil spill, has paid $1.2 billion in claims since the organization took over the process from the oil company on August 23.
Payments made to real estate
brokers and agents as part
of a separate fund: $34.5 million
* No final claims have been paid because the Gulf Coast Claims Facility (GCCF) has reviews under way to determine whether claimants intended to file a final claim. After a final claim is paid, claimants give up their right to sue BP for more damages under the GCCF process.
Source: GCCF documents
(Reporting by Anna Driver in Houston; Editing by Philip Barbara)
