Brownie's Marine Group files lawsuit in Gulf oil spill - Trade Only Today

Brownie's Marine Group files lawsuit in Gulf oil spill

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Brownie's Marine Group filed a claim against the BP Deepwater Horizon Settlement Fund to recover economic damages it suffered as a result of the 2010 oil spill in the Gulf of Mexico.

Brownie’s — a developer, manufacturer and distributor of specialized dive and safety products — filed the claim because the company felt entitled to compensation for the substantial loss of orders it suffered subsequent to the spill, according to a statement.

“The BP oil spill had a significant negative economic impact on our business in the Gulf states where we operate,” chairman and CEO Robert Carmichael said in a statement. “I'm pleased to report that a recovery has started to occur in the affected areas with respect to orders we are seeing for Brownie's products; however, we still see the lingering impact of the spill."

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