Health & Safety Newsletter
June 17, 2010
This Week´s Featured News Stories
BP Establishes $20 Billion Claims Fund for Deepwater Horizon Spill and Outlines Dividend Decisions
Following a meeting with the President of the United States, the BP Board announces an agreed package of measures to meet its obligations as a responsible party arising from the Deepwater Horizon spill.  Agreement was reached to create a $20bn claims fund over the next three and a half years on the following basis: 
  • BP will initially make payments of $3bn in Q3 of 2010 and $2bn in Q4 of 2010. These will be followed by a payment of $1.25bn per quarter until a total of $20bn has been paid in.
  • While the fund is building, BP"s commitments will be assured by the setting ...
Health Issues Surface in Gulf Oil Spill

Dallas Law Firm Baron & Budd Says Cleanup Workers Will Be Exposed to Benzene. DALLAS--(BUSINESS WIRE)--Despite efforts to contain the well output, crude oil continues to pour into the Gulf of Mexico at an alarming rate. Environmental issues abound and now health issues are beginning to surface. While Gulf coast fishermen and others have lost their livelihoods due to the spill, some who have been hired to clean up the oil washing up on beaches and marshes risk toxic exposure.  "Workers helping with the cleanup will likely be exposed ...
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