The Deepwater Horizon Settlement provides several classes of remedies for businesses impacted by the oil spill. The purpose of the settlement is to compensate businesses and individuals for both lost profits and loss of potential growth between May and December 2010. Remedies range from the straight-forward “V” test, to the more complex remedies of the “Modified V” and “Decline Only” tests, to the less well-known remedies for Start-Up or Failed Businesses. Rogers & Hardin has the resources and expertise needed to process all classes of remedies for even the most complex claims. Our internal data and forensics team have the ability to manage and evaluate massive amounts of sales and address data from various sources.
Our experience has shown that most companies have been unaware of the scope of their options and the impact they have on their claim amount prior to discussions with our team. Our straight-forward approach helps clients weigh the pros and cons of various options in order to make the best decision for their business. These capabilities are key to helping clients assess their options and pursue claims with minimal disruption to their staff and line managers.