Tags: Gulf Oil Spill Claims

Oil Spill Claims Chief Announces New Payment Rules

Friday, 18 Feb 2011 09:35 PM

 


JACKSON, Miss. (AP) — The administrator of BP's $20 billion Gulf oil spill fund announced new rules Friday in the highly criticized claims process, but the central payment formula remained unchanged from a proposal released earlier this month.

Kenneth Feinberg, the Washington lawyer who oversees the fund, said in a new release that he'll begin making payments based on the rules.

He's been criticized about the size and pace of payments. He said Friday before the rules were released that he took into account hundreds of comments he has received in recent weeks.

However, the plan announced Friday was largely the same as the proposal Feinberg made earlier this month, before more than 1,400 claimants, public officials and others weighed in on the matter.


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