Nonprofits may be entitled to compensation for BP oil spill
Posted on Friday, September 13th, 2013 at 10:36 am by Williams Hart | Updated: Friday, April 19th, 2019 at 11:39 am
The BP explosion and oil spill at Deepwater Horizon may have been the nation’s largest environmental crisis. Due to a court settlement, the company is expected to pay out around $7.8 billion dollars for damages to companies, corporations, and nonprofits.
Nonprofits are included for two major reasons. First, these organizations were one of the first to help smooth over damages after the accident—often using their own funds. Secondly, donors who were affected economically may not have the funds to donate to their usual nonprofits, placing additional financial burdens on these organizations.
The final deadline to file for a claim is August 2014, according to The Non Profit Times.
If your wildlife preservation organization, historical society, disease research organization, educational organization, or other non-profit organization may have been affected by the Deepwater Horizon disaster, it is advisable to take legal action as soon as possible. Contact our lawyers at Williams Hart in Houston at (800) 220-9341 to find out if we may be able to help you handle a non-profit claim.