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GULF COAST PROCESSING OPERATIONS FEEL THE PINCH

As the fishing ban in the Gulf of Mexico continues to expand, the devastating effect on the local economies grows as well. The interdependent nature of the fishing industry creates a complex network between marinas, fishermen, fisheries, restaurants, and hosts of small businesses. Tens of thousands of livelihoods and businesses have been put in the crosshairs of this environmental disaster and many companies are certainly doomed. Among those businesses at most risk are fish and shrimp processors throughout Louisiana, Mississippi, Alabama, and other Gulf Coast states.

While fishermen may be able to temporarily adjust and supplement their lost revenue by working to clean-up the BP’s oil spill, fish and shrimp processors do not have that flexibility. With each expanded fishing closure the processing business takes another hit. And, the financial damage is not temporary.

Future losses will cripple the region’s ability to financially bounce back from the devastating toll left by BP’s oil spill. Shrimp spawn in the spring, and damage to larvae, which are closer to the surface, will damage the harvest for years to come. The Louisiana coast includes 3 million acres of wetlands that serve as a nursery for fish – and the current contamination of those ecosystems threatens the long-term viability of the Gulf Coast’s fishing industry. This places all related businesses, most certainly fish and shrimp processors, in grave danger.

The Oil Spill Task Force was established by Arnold & Itkin with the intention of helping ensure that the negligent parties are held to account with the livelihoods and businesses that they have put at risk. Our team is available for a free initial consultation to see if your claim meets the standards for possible compensation from BP and / or other negligent parties.

If your business has suffered financial loss and/or interruption due to the Gulf Coast oil spill, contact us today to learn how to file a claim for damages and protect your business: 888-498-8212.