“Earlier this month, Kenneth Feinberg, the government’s oil compensation fund czar, said based on research he commissioned he figured the Gulf of Mexico would almost fully recover by 2012”
“BP Plc’s $20 billion oil-spill damages fund, run by Kenneth Feinberg, “far exceeds” the company’s legal obligations to compensate victims of the worst offshore oil spill in U.S. history, company lawyers said in a court filing.”
For more on Mr. Feinberg as BP’s fund representative click here.
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