Feinberg Pledges To Streamline BP Claims Process

Law360, New York (July 21, 2010, 2:14 PM EDT) -- Responding to lawmakers' concerns about calculating harm from the oil spill in the Gulf of Mexico, the independent administrator for the claims facility set up by BP PLC promised the U.S. House of Representatives on Wednesday that he would use his experience with 9/11 claims to improve the process.

Speaking before the House Committee on the Judiciary, recently named Gulf Coast Claims Facility Administrator Kenneth Feinberg said he anticipated diverse claims from businesses and individuals involving physical injury, lost profits and property damage caused by the...
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