Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Gulf Claims Chief Says No-Sue Rule Was His Idea

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
G_j Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-22-10 09:51 PM
Original message
Gulf Claims Chief Says No-Sue Rule Was His Idea
http://abcnews.go.com/Business/wireStory?id=11456413

Gulf Claims Chief Says No-Sue Rule Was His Idea

Chief of Gulf oil spill damage claims says it was his idea to bar recipients from suing BPThe Associated Press

By HARRY R. WEBER Associated Press Writer
NEW ORLEANS August 22, 2010 (AP)

The new administrator for damage claims from Gulf oil spill victims said Sunday it was his idea, not BP's, to require that anyone who receives a final settlement from the $20 billion compensation fund give up the right to sue the oil giant.

But Ken Feinberg told reporters that he has not yet decided whether the no-sue requirement will extend to other companies that may be responsible for the worst offshore oil spill in U.S. history.

He insisted that payouts from the claims facility he will run will be more generous than those from any court. Feinberg also ran the government compensation fund created after the 9/11 attacks, and there was a similar no-sue provision.

...
Printer Friendly | Permalink |  | Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC