Rank: Administration
Joined: 9/10/2007
Posts: 184
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We have previously commented on some of the long tail exposures arising out of the BP Gulf disaster. With the well now (seemingly) capped, the hope is that business can resume as usual. But, as this WaPo article makes clear, the recovery may be slow which raises the specter that business interruption claims will continue for quite a while.
If you have any questions about this post, please contact Bob Cosgrove at rcosgrove@wcmlaw.com.
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/18/AR2010071801300.html
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