Law firm of BP claims czar paid $3.3M so far

Daily Legal News

The law firm of Kenneth Feinberg, the man in charge of BP's $20 billion compensation fund for Gulf oil spill victims, has so far been paid about $3.35 million from BP PLC.


The Gulf Coast Claims Facility, which was set up to compensate fishermen, business owners and other Gulf Coast victims of the April 20 BP well blowout, said Thursday that BP agreed to pay Feinberg's firm $850,000 a month starting in mid-June.


The firm will continue to receive the fee monthly from BP through the end of the year, after which the contract will be reviewed.


President Barack Obama tapped Feinberg, who previously oversaw 9/11 victim payments, to run the BP claims fund, which the London-based company created under government pressure.

Related listings

  • Court hears arguments on violent video games

    Court hears arguments on violent video games

    Daily Legal News 11/03/2010

    The Supreme Court expressed sympathy for a California law that aims to keep children away from ultra-violent video games, but several justices said the law faces a high constitutional hurdle. The high court heard arguments Tuesday over a California b...

  • California marijuana legalization goes up in smoke

    California marijuana legalization goes up in smoke

    Daily Legal News 11/03/2010

    California voters rejected a ballot measure on Tuesday that would have made it the first U.S. state to legalize marijuana for recreational use. The "no" vote on Proposition 19 had 56 percent of the vote to 43 percent for "yes," with 20 percent of pre...

  • WA voters say no to state income tax Initiative 1098

    WA voters say no to state income tax Initiative 1098

    Daily Legal News 11/03/2010

    Early returns show voters rejected Initiative 1098 being rejected with about 65 percent of the vote to 35 percent in unofficial returns. Initiative 1098 would institute a new state tax on the top 1 percent of incomes to pay for education and health p...

New York Commercial Litigation Law Firm - Woods Lonergan PLLC

Founded in 1993 by Managing Partner James F. Woods, Woods Lonergan PLLC has built a strong reputation as a resourceful and industrious firm that provides clients with clear, concise, and straightforward answers to their most challenging legal issues. Partner Lawrence R. Lonergan, who joined the firm in 2008, has been a friend and colleague to Mr. Woods for over 40 years and shares the same business philosophy. Woods Lonergan PLLC’s collective experience and expertise enables the firm to expeditiously and effectively analyze the increasing challenges clients face in an evolving business and legal world, in many instances, avoiding unnecessary time and expense to our clients. Our mission is simple: provide cutting-edge expertise and sound advice in select areas of the law for corporate and business clients. We thrive on providing each client with personalized attention, forceful representation, and a collaborative team effort that embraces collective knowledge.