kenneth feinberg News

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US Judge: Spill Claims Czar Not Independent of BP

NEW ORLEANS -- The administrator of the $20 billion compensation fund for Gulf oil spill victims is not independent from BP and must stop telling potential claimants that he is, a federal judge said in a ruling Wednesday that may spur more people to sue rather than settle. U.S. District Judge Carl Barbier said claims czar...

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...

BP Has Made Only 1 Final Payment: $10M to Texas Firm

WASHINGTON -- BP's oil spill pay czar has paid only one of nearly 91,000 claims seeking final payment from the oil giant's $20 billion fund set up to compensate victims of the spill -- and that was $10 million to a Texas firm, according to the fund's records. The lone payment fueled accusations of favoritism and delay...

A Conversation With BP's Pay Czar, Kenneth Feinberg

Kenneth Feinberg, the pay czar for BP's oil spill victims' compensation fund, will be back in the news this week and next as he works through another round of meetings with spill victims and public officials along the Gulf Coast. But even though Feinberg has paid out almost $3 billion to 168,000 claimants, don't expect to...

AGs Say BP's Proposed Fund Changes Hurt Victims

WASHINGTON (Nov. 19) -- Kenneth Feinberg, czar of BP's $20 billion compensation fund, has proposed changes to the next round of claims that would favor BP and make the process more difficult for the shrimpers, fishermen and other victims of the oil spill, the attorneys general of two states have charged. Mississippi...

kenneth feinberg News From the Web

05/21/12 5 Top Funds to Play the Financial Sector Source: InvestorPlace Financial stocks â they were the dogs of 2011, but they're the heroes of 2012.
05/18/12 A makeover for Salem High Hall of Fame Source: The Salem News - Salem MA Why wasn't Ken Perrone in the Salem High Athletic Hall of Fame?
05/17/12 Prominent Attorney Kenneth R. Feinberg to Speak at New... Source: PRWeb New York, NY (PRWEB) May 17, 2012 Kenneth R. Feinberg, one of the nation's leading experts in mediation and alternative dispute resolution, will address the graduates at New York Law School's 120th Commencement on Monday, May 21, 2012, at Radio City Music Hall at 11 a.m. Feinberg, who served as Special Master of the Federal September 11th Victim Compensation Fund of 2001, will also receive an honorary Doctor of Laws degree.
04/21/12 Ken Feinberg: 'The GCCF did what it said it would do' Source: Press-Register - Mobile AL Kenneth Feinberg stepped down as administrator of the Gulf Coast Claims Facility on March 9, ending an eventful 18-month stint as the man responsible for reviewing damage claims and distributing checks to victims of the 2010 BP oil spill.
04/19/12 Floridians get $37.7M from oil spill claims errors Source: FOX - WFLX 29 - West Palm Beach FL TALLAHASSEE, Fla. State and federal officials say about 4,450 Floridians will be paid $37.7 million because of errors in the 2010 Gulf of Mexico oil spill claims process.

Background on kenneth feinberg

Kenneth Feinberg (born October 23, 1945, Brockton, Massachusetts) is an American attorney, specializing in mediation and alternative dispute resolution.

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