Businesses play the oil spill claims game

al.com – Businesses play the oil spill claims game

MOBILE, Alabama — As the oil spill claims operation enters its final stage, many business owners along the Gulf coast are preparing to play a game of Deal or No Deal, with billions of dollars and perhaps the survival of hundreds of ventures at stake.

For most larger businesses, the claims process will come down to a choice between taking a one-time, lump sum payment or continuing to take smaller, quarterly checks, giving owners and managers more time to judge the future impact of the spill.

Both claims require financial documentation. Either choice has pros and cons.

al.com
12/20/10