Welcome to the Claims Administration Website
for the Deepwater Horizon Economic & Property Damages Settlement
Information Regarding Policy 70 v.2
On July 24, 2014, the Claims Administrator approved Policy 70 v.2, following deferral by Class Counsel and BP. The goal of this Policy is to provide the Claims Administrator with the ability to confirm the veracity of Tax Information Documentation submitted by a Claimant in support of a claim, as permitted within several Exhibits to the Settlement Agreement (e.g., Exhibits 4A, 8A, and 10). According to this Policy, all Claimants 1) that file new claims on or after July 24, 2014 and 2) that rely upon Tax Information Documentation in support of those new claims, will be required to file a signed and contemporaneously dated IRS Form 4506 and Form 4506-T, authorizing the Claims Administrator to verify the Tax Information Documentation with the IRS. Moreover, as to all claims filed prior to July 24, 2014, Claimants will be required to provide Forms 4506 and 4506-T only upon specific request by the Claims Administrator, as the Claims Administrator determines to be necessary or desirable in his discretion, which process is consistent with Policy 70 v.1. You can access a copy of the Policy 70 v.2 here.
Important Announcement Regarding Approved Policies
Under the terms of the Deepwater Horizon Economic and Property Damage Settlement Agreement (“Settlement Agreement”), the Claims Administrator is charged with the duty to “faithfully implement and administer the Settlement, according to its terms and procedures, for the benefit of the Economic Class, consistent with this Agreement, and/or as agreed to by the Parties and/or as approved by the Court.” (Section 4.3.1 of the Settlement Agreement). Further, the Claims Administrator is charged with the responsibility to “work with Economic Class Members . . . to facilitate . . . assembly and submission of Claims Forms, including all supporting documentation necessary to process Claims Forms under the applicable Claims Processes . . . [and to] provide Economic Class Members with assistance, information, opportunities and notice so that the Economic Class Member has the best opportunity to be determined eligible for and receive the Settlement Payment(s) to which the Economic Class Member is entitled under the terms of this Agreement.” (Section 4.3.7 of the Settlement Agreement). In accordance with these provisions, the Claims Administrator has adopted numerous policies affecting the administrator of claims under the Settlement Program. Click Here for more information regarding these Approved Policies.
Orders Regarding Adoption of Policy No. 495 and Dissolution of the Preliminary Injunction
On May 5, 2014, the District Court approved Policy 495, which policy was developed and adopted by the Claims Administrator to administer BEL claims in which the claimant’s financial records do not match revenue with corresponding variable expenses, pursuant to directives of the Fifth Circuit Court of Appeals. Subsequently, on May 28, 2014, consistent with judgments entered by the Fifth Circuit Court of Appeals on the same date, the District Court issued an Order dissolving its preliminary injunction related to BEL claims, which Order included instructions for the implementation of Policy 495. You can access a copy of the District Court’s orders here. Click here to read the complete Alert with additional information.
Fifth Circuit Court of Appeals Ruling on the Approval of the Settlement Agreement
The District Court issued an Order on 12/21/12 certifying the Economic and Property Settlement Class and granting final approval of the Economic and Property Damages Settlement Agreement. On 1/10/14, a three judge panel for the Fifth Circuit Court of Appeals affirmed the District Court’s Order. Click here to read the Fifth Circuit Court of Appeals ruling.
Important Announcement Regarding Structured Settlement Option
On January 30, 2013, the Court issued an Order Providing for Structured Settlement Option and Amendment to Release, which will provide claimants with payable claims with the option to elect a Structured Settlement. For more information about this Structured Settlement option click here. If you are considering this Structured Settlement option, you must read the instructions before responding to your Eligibility Notice.
The Economic & Property Damages Settlement resolves certain economic loss and property damage claims related to the 2010 Deepwater Horizon oil spill. If you are included in this Settlement, you could receive money if you were harmed by the oil spill in one or more of the following categories:
- › Seafood Compensation Program
- › Individual Economic Loss
- › Individual Periodic Vendor or Festival Vendor Economic Loss
- › Business Economic Loss
- › Start-up Business Economic Loss
- › Failed Business Economic Loss
- › Coastal Real Property Damage
- › Wetlands Real Property Damage
- › Real Property Sales Loss
- › Subsistence Loss
- › VoO Charter Payment
- › Vessel Physical Damage
On December 21, 2012, the Court issued an Order and Reasons and Order and Judgment certifying the Economic and Property Settlement Class and granting final approval of the Economic and Property Damages Settlement Agreement.
If you received a 60% Final Payment Offer during the GCCF/Transition and would like information on your options, including how to request the 40% balance now in exchange for an Executed Release, click here.
If you were a clean-up worker or a resident of certain coastal areas after the Deepwater Horizon oil spill, you may also be included in the Medical Benefits Settlement. To learn more, click "Go to Medical Settlement Website" in the bar above.
Email any questions you have about the Economic & Property Damages Settlement to Questions@dhecc.com.