Deepwater Fund Admin Says Claims Don't Need Oversight

Law360, New York (August 15, 2011, 11:04 PM EDT) -- The administrator for BP PLC's claims fund for a putative class of Deepwater Horizon oil spill victims fired back Monday in Louisiana federal court against calls for more oversight of the claims process, saying a special master was unwarranted and would slow the fund's progress.

In a brief filed in multidistrict litigation over the oil spill, Gulf Coast Claims Facility Administrator Kenneth R. Feinberg said that the $20 billion fund has followed the Oil Pollution Act to the letter in its first year and doled out...
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