Gulf Coast Claims Facility News

On the one-year anniversary of the Gulf oil spill, BP Plc is facing challenges to its effort to contain another kind of disaster: mass litigation. The oil giant last June established a $20 billion compensation fund for victims such as …

The man in charge of paying BP claims for the Gulf oil spill will soon face a Florida legislative committee to answer questions about how the compensation scheme is going. Kenneth Feinberg, the lawyer who is overseeing the Gulf Coast …