Wednesday, June 19, 2013

Latest local news, weather and high school sports for Flint and the Tri-cities

Gulf claims facility begins operating today
Posted: 08.23.2010 at 6:00 AM
0
Photo

NEW ORLEANS (AP) -- The new claims facility for damages from the Gulf oil spill begins operations today and the man who will run it says payouts will be more generous than from any court.

Ken Feinberg, the administrator for claims, said Sunday it was his idea, not BP's, to require that anyone who receives a final settlement from the $20 billion fund give up the right to sue.

Feinberg also ran the government compensation fund created after the 9/11 attacks, and there was a similar no-sue provision.

He says years of court battles aren't in anyone's best interests and that "if I don't find you eligible, no court will find you eligible."

Hundreds of lawsuits have already been filed by spill victims.

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
NBC25 takes power hit
Yesterday at 10:43 PM  |  33 comments
Thumbnail
Local teen driver kills 60 year old woman
Joel Feick  |  Today at 9:01 AM  |  4 comments
Thumbnail
Otter Lake teenager dies after boat capsizes in Saginaw Bay
Walter Smith-Randolph  |  Yesterday at 7:36 PM
Follow miNBC News
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Like us on Facebook
Join the converstation now!
Summertime Savings for Your Home
Huge savings on items and services for your home
Buy a DVD
Order a copy of a recent NBC25 News broadcast.
miDirectory
A directory of local businesses.
ADVERTISEMENT