Rules have been changed to make more generous payouts to Louisiana Shrimpers. Ken Feinberg, administrator of the 20-billion dollar fund to compensate businesses and individuals hurt by the BP oil spill, has been under fire from seafood producers in Louisiana for denying many claims and for the slow pace of payments.
(Photo by Mario Tama/Getty Images)
BP is arguing that most victims of last year's Gulf oil spill should not get any more payouts for future losses because the hardest-hit areas are recovering and the economy is growing.
WASHINGTON – United States Senator Mary L. Landrieu, D-La., today responded to testimony given to Congress this week by Department of the Interior Secretary Ken Salazar.
(Washington, D.C.) – U.S. Sen. David Vitter sent a letter to President Obama’s oil spill claims czar Ken Feinberg and Lamar McKay, Chairman and President of BP America, Inc., pointing out a conflict of interest with their current claims compensation contract, and has suggested a third party arbitrator to set the compensation.
(Washington, D.C.) – U.S. Sen. David Vitter today, at the U.S. Senate Homeland Security Subcommittee on Disaster Recovery, pressed oil-spill claims czar Kenneth Feinberg to commit publicly to not leaving his post until all claims have been completed.
NEW ORLEANS (AP) — The administrator of the $20 billion compensation fund for Gulf oil spill victims and BP are discussing how much he will be paid for his services in the months ahead.
NEW ORLEANS (AP) — The administrator of the $20 billion compensation fund for Gulf oil spill victims is using money from the fund to pay a legal ethics professor for a letter saying he's independent from BP.
NEW ORLEANS (AP) — The group administering BP's compensation fund for victims of the Gulf oil spill has hired several law firms and a claims administration company to help people applying for shares of the $20 billion fund.
NEW ORLEANS (AP) — Lead plaintiffs attorneys in lawsuits over the Gulf oil spill say BP is calling the shots on handling of the $20 billion victims compensation fund and fund administrator Ken Feinberg is doing the company's bidding.
The administrator of the $20 billion BP PLC fund doling out money to Gulf oil spill victims says the program will be offering claimants an additional payment.