Legal-Bay LLC, The Lawsuit Settlement Funding Company, have begun an aggressive marketing programmed geared to the businesses of New Orleans, Louisiana who have been damaged by the B.P. Oil Spill. New Orleans' business community is made up of 98% of small businesses, some of which Legal-Bay says need funding to survive. Legal-Bay has been in touch with many business people in New Orleans who are struggling to stay in business while they wait for their settlement checks from the B.P. Oil Spill. And it is Legal-Bay's goal to try and assist as many individuals and businesses as possible.

Recently, Legal-Bay announced that they have secured up to $10MM to assist B.P. Oil spill plaintiffs with immediate funding, prior to ever getting their settlement check. Chris Janish , CEO of Legal-Bay, commented on the company's focus on New Orleans, "We have begun spreading the word to the New Orleans business market that we are here to help any businesses that need funding today for operations and are waiting for their B.P. settlement check. Our commitment to this region which has been hit hard by both Katrina and B.P. is by spending large dollars to market our products to businesses in New Orleans, and more importantly by funding large amounts to these businesses that simply can't wait any longer."

B.P. has agreed to pay close to $7Bil in economic claims for the spill for individuals and businesses, however "when" the amounts will be paid is still in question. With over 100K claims in the claim center and more and more cases filing every day, the payment process is expected to drag on for years.

Tags: BP PLC, Legal-Bay LLC