As you know Ken Feinberg bas been mediating thousands of "oil spill claims" resulting from the " Gulf Spill" . Many of the claimants are unrepresented by counsel during the process. The National Law Journal reports that Mr. Feinberg's law firm has been receiving $850,000 a month from BP to adminster the fund.
Did anyone say"independent mediator"? A joke. Moreover, it is reported that he has concealed his ties to BP.
On top of all this, Feinberg has been sharply criticized by the "Gulf States Attorney Generals' and many plaintiff's attorneys.
Tough spot for Feinberg; But in my opinion it beats long, protracted litigation.
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