The BP Effect on a Smaller Scale

The BP Effect series is brought to you by attorneys Reich & Binstock and Seeger Weiss LLP, which are helping businesses in Panama City Beach recover losses sustained directly and indirectly from the Deep Water Horizon oil spill. They can help your business too,
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We’ve talked about how this summer’s oil spill scare effected large-scale marinas, restaurants, property management companies and retail, but today, we’re going to take it a notch and talk about how this mess effected a home-owner.  The Balmy Oasis Cottage is a small beach cottage that owner Pat Guin rents out on her own.  She and her husband bought it as an investment and rely on rental revenue to make payments and cover costs of ownership.  This summer was tremendously painful for their “business”, but with pockets of “blessings”, they made it.  Here’s her story.

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