Oil Spill Claims – Kenneth Feinberg BP Fund Issues Rules
New BP oil spill trust fund administrator Kenneth Feinberg has been flying around the Gulf states meeting with people and businesses who have lost money due to the oil spill. People at these meetings have expressed anger at the way they have been treated by BP, and Ken Feinberg has tried to distance himself from BP. While Feinberg has said Kenneth Feinberg BP Fund will be fairer and faster than BP’s claims process, Feinberg has not provided much specific information about the new rules that will apply. News reports say some people who attended meetings with Feinberg have asked for copies of the rules that will govern the new process, but the rules have not been available until today. In a press release, Feinberg released his Gulf Coast Claims Facility Protocol for Emergency Advance Payments. Feinberg said “These guidelines are the result of many town hall meetings throughout the Gulf, listening to the people affected by this disaster.”
Kenneth Feinberg BP Fund – Some Oil Spill Attorneys Are Waiving Fee on First Payment
Some oil spill attorneys are offering to file oil spill payment applications with the Ken Feinberg BP Fund, and they are waiving attorneys’ fees on Feinberg’s first payment (the payment for 6 months of losses). This means that people can get a lawyer to file the paperwork with the Kenneth Feinberg BP Fund, and at the same time they can pursue a case against BP using the court system. Pursuing BP simultaneously through Feinberg’s processing facility and the court system may be the quickest way to obtain full and fair compensation. I’ll update this post soon to provide a way to contact attorneys offering this service.
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