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BP's Fund Czar: Gulf OK by 2012, Except for Oysters

WASHINGTON -- With the exception of oysters, the Gulf of Mexico will recover by the end of 2012, according to an evaluation of environmental and economic conditions made by the administrator of BP's $20 billion compensation fund. But oysters could take six to 10 years to recover to pre-spill levels. The Gulf Coast...

Spill Victims Can't Sue BP if They Want Lump Sum

WASHINGTON (Nov. 24) -- Fishermen, shrimpers and property owners who suffered financial losses during BP's oil disaster in the Gulf of Mexico must give up their right to sue BP if they accept a final lump-sum payment from BP's $20 billion compensation fund. That requirement is part of the new rules issued today that...

Film Shows Dilemma Faced by Gulf Residents

(Oct. 25) -- "With Katrina, we knew what we had to do," Marla Cooper, of Venice, La., says a few minutes into "Crude Justice," a new 17-minute film about the BP oil spill. "We rebuilt. But for this, how do we rebuild?" The film, which premieres Tuesday evening in Washington, does not answer that question. Victims trying...

BP Claims Czar Promises Bigger, Quicker Payouts

(Sept. 27) -- Responding to criticism that payments for victims of BP's oil spill have been slow and inadequate, Gulf Coast Claims Facility administrator Kenneth Feinberg has promised to reform the system to help alleviate the massive financial impact of the disaster. "Over the past few weeks, I have heard from the people...

'Master of Disaster' Ken Feinberg: From 9/11 to BP

WASHINGTON (Sept. 10) -- Kenneth Feinberg may have to rewrite the book on the Sept. 11 attacks. In "What Is Life Worth?" -- his 2005 account of his experience as special master of the 9/11 Victim Compensation Fund -- the lawyer and mediator wrote that his work putting a value on the lives lost or scarred in the attack...