28.5M Awarded to Hillsborough County in BP Oil Settlement
Hillsborough County, Fla. (July 16, 2015) – The Hillsborough County Board of County Commissioners (BOCC) passed a resolution Wednesday to ratify a settlement with BP Oil that will pay the County $28.5M. The settlement covers monetary damages incurred by the County following the malfunctioning of BP’s Deepwater Horizon in the Gulf of Mexico in 2010.
“This settlement is a reward for the incredible job our businesses did, allowing us all to flourish despite trying circumstances,” said Commission Chairwoman Sandra Murman. “The oil spill took a real toll on our tourism industry, and we are so pleased to have secured this relief for our hardworking residents.”
Following the Deepwater Horizon spill, the County hired the Fowler White Boggs law firm and associated firms to identify the monetary damages caused to the County and recover those funds from the responsible parties. The settlement is due to be paid in the next 90 days.
