BP hit by avalanche of compensation claims over US oil spill | WHAT REALLY HAPPENED


BP hit by avalanche of compensation claims over US oil spill

While work continues to try to staunch the flow of oil into the Gulf of Mexico, an avalanche of class action lawsuits is descending upon BP in courthouses from Texas to Louisiana, Alabama, Mississippi and Florida.

The suits include claims for loss of earnings, loss of enjoyment or property, or for bereavement suffered by families of the 11 workers killed when BP's Deepwater Horizon rig caught fire and sank on 30 April.

BP has pledged to meet all "legitimate claims". But after the failure of the company's attempted "top kill" fix at the weekend, financial analysts fear the cost could become astronomical if oil continues to flow into the Gulf for weeks to come.

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