The Effects of the Gulf of Mexico Oil Spill on Non-Profits

More than three years after the oil spill disaster that affected the majority of the coastline Gulf of Mexico’s coastline, more people are still suffering the effects caused by approximately 4.9 million barrels of oil that was released from the Deepwater Horizon’s broken well. Because of the massive tons of oil spilled on the ocean and down to the beaches, not only were individuals the only one affected, businesses and non-profit organizations around the area are suffering as well.

As with the Exxon Valdez oil spill that happened in Alaska in 1989, the environmental effects of the Deepwater Horizon oil spill have its short-term and long-term effects, and these will stick around for a significant amount of time. Fortunately for these non-profit organizations, they can file a non-profit oil spill claim. This claim will provide funding or emergency grants for organizations that are aimed on helping the people affected by the oil spill as well as focus on the long-term effects of the calamity.

Most non-profit organizations are not aware that they can file a claim against BP or Deepwater Horizon, but since these organizations are closely connected to the local economy and have also sustained significant amount of damage or losses, the Deepwater Horizon has made a fund for the lost revenues that these non-profit organizations endured because of the oil spill. Finding a good lawyer who knows how the Deepwater Horizon compensation process goes would be the right way to ensure that the devastation a business has suffered is paid financially.

Just as with many other businesses and business owners, keeping up a non-profit organization, especially those who are aimed for environmental and community enrichments, can be difficult if your profits are lessened because of the oil spill disaster. Compensation can be given by the Deepwater Horizon, however eligibility still follows the rules of settlement agreement, therefore there are some non-profit organizations that are ineligible. Knowing if your non-profit organization is eligible and how much compensation you are entitled to require the help of a legal representative. Since the current Deepwater Horizon settlements are fast-moving, a lot of lawyers are making themselves available for non-profit oil spill claims.

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