Kenneth Feinberg News

Feinberg Calls Indiana Stage Collapse Compensation Fair

The architect of compensation for victims of last year’s deadly Indiana State Fair stage collapse says he believes the state was “exceedingly fair” with victims. Victims’ compensation specialist Kenneth Feinberg tells The Associated Press that officials had limited resources to …

Gulf Oil Spill: Tales of 3 Plaintiffs

The phone at Joan Strohmeyer’s fishing lodge in Venice, Louisiana, has been ringing steadily since 2010, but not many of the calls are from customers who want to go fishing. Mainly, they are from lawyers who want her to sue …

BP Settlement Relieves Feinberg of Duties; New Claims Process to Start

The man who has paid out billions of dollars to victims of the massive 2010 Gulf of Mexico oil spill has been formally relieved of his duties, and a federal judge has set up a new process to let more …

Feinberg: BP Gulf Claims Fund ‘Working As Intended’

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 …

BP Oil Spill Claims Chief Feinberg to Face Florida Lawmakers

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 …

BP Oil Spill Claims Fund Alters Some Payment Rules

The administrator of BP’s $20 billion Gulf oil spill fund announced new rules on how final payments will be determined in the highly criticized claims process, but the central payment formula remained unchanged from a proposal released earlier this month. …

Plaintiffs’ Lawyers in BP Litigation Fighting Over Claims Fund

Plaintiffs’ lawyers battling BP Plc in the oil-spill litigation may be united in the desire to make the company pay, but they’ve started fighting over whether to try to rein in Kenneth Feinberg, who runs BP’s $20 billion oil-spill victims’ …