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Gulf Coast Property Owner From Tennessee Files Suit Against BP For Oil Spill
May 27, 2010
On May 26, 2010, a Tennessee owner of a Gulf Coast vacation home filed a class action lawsuit against BP. The plaintiff, an owner of beachfront property in Panacea, Florida, brought the class action on behalf of herself and all Tennessee residents who own property on the Gulf coast in Florida, Alabama, Mississippi, and Louisiana, and have suffered economic losses caused by the explosion of the Deepwater Horizon drilling rig and the resulting oil spill.
"This unfolding and unprecedented ecological and economic disaster, the complaint charges, was the result of negligence by BP and the other corporations involved in drilling at the Deepwater Horizon oil rig," stated plaintiff's counsel Elizabeth A. Alexander of the Nashville office of the national plaintiffs' law firm Lieff Cabraser Heimann & Bernstein, LLP. "The value of properties along the Gulf Coast and rental income for property owners, including owners from Tennessee, have been negatively impacted. BP and other defendants must take responsibility for their losses."
As noted in the Nashville Post, according to the complaint, more than 550,000 seasonal or vacation homes are located along the Gulf Coast, and some 20 million visitors normally visit its beaches every year. "Because of the spilled oil, vacationers, beachgoers and boaters are avoiding the region, planning their trips to other destinations instead," the lawsuit states. "The stigma of the spill may last even longer than the actual oil damage does, further affecting the coastal economy for years to come."