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President Obama Gets $20 Billion Escrow Fund From BP

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The oil spill claims process may improve after the announcement today that BP will deposit $20 billion into an escrow fund to pay people who have been financially damaged by the Gulf oil spill. The establishment of the escrow fund was announced after BP’s Chairman Carl-Henric Svanberg, CEO Tony Hayward, and other company executives met with President Obama and other administration officials. The White House blog gives an account of the meeting. We’ve got a more in-depth look at the BP oil spill escrow fund at BPOilNews.com.

About Michael J. Evans

Michael J. Evans is a personal injury lawyer who represents people with claims involving defective medicine or medical devices, other defective products that cause serious injury or death, and environmental cases. Evans also handles whistleblower lawsuits in which employees, or former employees, expose fraud or other illegal conduct by the corporation for which they work(ed), Evans organizes litigation groups of plaintiffs law firms to work with him on these cases nationwide. Evans uses social media, blogs, online video, mobile apps and traditional media to connect with clients, and help other prominent law firms connect with clients.. Evans is also an advocate for the rights of consumers. His primary areas of legal practice are mass torts, and advising law firms on the ethical rules and law governing legal marketing via the Internet and social media.

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