Simien & Simien, LLC


(800) 374-8422

Click To Call
Update: Simien & Simien is open and we are here to help you as we know your needs do not stop. The firm is currently open and operating. In light of current public health concerns, please know that we are following all health guidelines to protect both our team and our clients. We are offering virtual meetings by request.

Judge Grants $20 Billion Settlement Approval for 2010 BP Oil Spill


After years of litigation, a New Orleans federal judge has approved a $20 billion settlement that BP must pay. The settlement is for the destructive 2010 Gulf of Mexico oil spill.

Included in the settlement is $5.5 billion for Clean Water Act civil penalties, along with billions more dollars to make up for the massive environmental devastation and Gulf state claims. The payout will take place over 16 years and the estimated settlement is $20.8 billion.

The BP settlement is the biggest environmental settlement in United States history with gross negligence cited when the BP rig exploded, killing 11 employees and spilling 134 million gallons of oil into the Gulf.

Billions in Repercussions

A large settlement reminiscent of this recent $20 billion one took place in 2012 and involved Gulf Coast residents and businesses that were negatively impacted by the BP spill. Claims are still being processed today by a claims administrator.

BP believes its total cost of the spill, including cleanup, civil and criminal penalties, will top $53 billion. Many experts are pleased with the settlement. U.S. Attorney General, Loretta Lynch, expressed praise for BP being held accountable for one of the biggest environmental penalties ever granted.

Louisiana was particularly damaged by the spill when marshes along the coast were ravaged by oil. Governor John Edwards is pleased since the settlement will allow the state to receive coastal restoration funding to clean up the delicate marshes.

According to an environmental expert, this settlement will end a long, devastating chapter in U.S. environmental history and it remains to be seen whether enough has been learned to avoid other disasters down the road.

With the general sentiment of the settlement being positive, criticism remains regarding some BP payments being tax deductible.

At Simien & Simien, we understand the destruction oil spills can cause businesses and homeowners. If you have suffered property loss due to oilfield contamination, contact our oil contamination attorneys today and receive a free consultation to review your claim.

Call (800) 374-8422 or fill out a Free Case Evaluation.

No Comments

Leave a comment
Comment Information
FindLaw Network

Free Case Evaluation

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

If you are looking for a law firm that has knowledge and experience, you will find it with Simien & Simien, LLC.

Free Case Evaluation


Baton Rouge
7908 Wrenwood Blvd
Baton Rouge, LA 70809

Toll Free: 800-374-8422
Phone: 225-224-2222
Fax: 225-932-9286
Map & Directions

Lake Charles
Capital One Tower
Suite 1270
One Lakeshore Dr.
Lake Charles, LA 70629

Toll Free: 800-374-8422
Phone: 337-436-2121
Map & Directions

New Iberia
424 West Main St
New Iberia, LA 70560

Toll Free: 800-374-8422
Phone: 337-551-4242
Map & Directions

Houston Office
3730 Kirby Drive
Suite 1200
Houston, TX 77098

Toll Free: 800-374-8422
Map & Directions

New Orleans Office
1615 Poydras Street
Suite 900
New Orleans, LA 70112

Toll Free: 800-374-8422
Map & Directions

Nationwide (800) 374-8422