The ongoing impact of the BP oil spill in the Gulf of Mexico presents the most widespread ecological and economic disaster in United States history. The Gulf States and all entities with affected commercial operations face unprecedented challenges, including the need for comprehensive and coordinated protection of their legal interests.
At present, the significant claims arising from the oil spill include fishing and other commercial interruption, loss of tourism, hotel and hospitality revenues, damages to real property, loss of tax revenues, and shipping/transportation interruption.