City of Biloxi reaches agreement with law firm over BP settlemen - WLOX.com - The News for South Mississippi

City of Biloxi reaches agreement with law firm over BP settlement

Biloxi City Council members voted to accept agreement with PMPM law firm. (Image Source: WLOX News) Biloxi City Council members voted to accept agreement with PMPM law firm. (Image Source: WLOX News)
BILOXI, MS (WLOX) -

The City of Biloxi is now receiving an additional $200,000 from the BP oil spill settlement, but it's not an increase to the original settlement. Monday, the city council voted to approve an agreement with the Page, Mannino, Peresich & McDermott law firm that would lower the amount the city owed it in legal fees.

In 2012, a previous Biloxi City Council contracted PMPM to pursue a claim against BP, agreeing to a 20 percent contingency fee. When the $4.9 million settlement was announced last month, the city was left owing the firm more than $1 million from that settlement.

Mayor FoFo Gilich negotiated with the firm over the weekend to lessen that fee. Monday, it resulted in the city being able to keep $200,000 of the money owed to PMPM. That pushes the city's portion from $3.9 million to $4.1 million.

“We're in the middle of the budget workshop preparation at this point in time. That's our main goal is to make sure that the money gets to where the harm was done, and not only this $4.9 million, but also things that are coming over the next 15 or 16 years,” said Gilich.

Ron Peresich, with PMPM, requested that the city use the money to support both the Seafood and Maritime Museum and the Ohr O'Keefe Museum, as well as the Biloxi Natatorium.

Copyright 2015 WLOX. All rights reserved.

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