Hinterland Green

Monday, May 3, 2010

BP PLC Offering Settlement Agreements to Alabama Coastal Residents for $5,000

Here we go. BP PLC is trying to play dirty. According to the Alabama Press-Register, BP was circulating settlement agreements among coastal residents of Alabama and possibly other states, requiring that "people give up the right to sue in exchange for payment of up to $5,000." Alabama's Attorney General Troy King protested and asked BP to stop distribution of the letters.

The company said it will pay for all the cleanup costs for the massive oil spill in the Gulf of Mexico that could continue spewing crude for at least another week.

The company posted a fact sheet on its Web site saying it took responsibility for the response to the Deepwater Horizon spill and would pay compensation for legitimate claims for property damage, personal injury and commercial losses.
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