NEW ORLEANS – Attorneys general in four Gulf states are urging oil spill victims to consult lawyers before accepting final payments from a $20 billion compensation fund and agreeing not to sue BP.
They issued notices to claimants Thursday in Florida, Alabama, Louisiana and Mississippi. They warned residents that if they sign away their rights they can't come back and get more money, even if they suffer new damage from oil from the BP rig explosion.
Claimants can now accept interim, final and quick final payments. Those opting for final or quick final must agree not to sue BP or any other responsible party.
Fund administrator Ken Feinberg says he appreciates the attorneys general looking out for their citizens and says he is doing that, too.