Real estate agents along US Gulf Coast to get compensation for loss of earnings due to oil spill

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Nicholas Wallwork

Nicholas Wallwork

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Five state real estate associations along the US Gulf Coast are to receive a total of $60 million from BP for damages related to the Deepwater Horizon oil spill.

The associations in Louisiana, Florida, Alabama, Mississippi and Texas have been in negotiations with Kenneth Feinberg, administrator of the new Gulf Coast Claims Facility (GCCF) handling the BP oil spill fund.



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