A federal judge has signed off on a transition process that relieves
Kenneth Feinberg of his duties as administrator of BP's $20 billion
compensation fund for victims of the 2010 oil spill in the Gulf of
Mexico.
Thursday's order by U.S District Judge Carl Barbier calls for a
court-supervised administrator to take over the claims process from the
Feinberg-led Gulf Coast Claims Facility.
The move is part of a proposed multibillion-dollar settlement between BP
and plaintiffs' attorneys representing more than 100,000 individuals
and businesses.
The judge appointed Lynn Greer, a Richmond, Virginia-based attorney, to
fill in for Feinberg during the transition. Patrick Juneau, a
Lafayette-based attorney, will take over for Greer and serve as the
court-appointed administrator for economic loss claims if the judge
gives preliminary approval to the settlement.
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