Kenneth Feinberg

BP Agrees to $20 Billion Gulf Coast Claims Fund Amid Deepwater Horizon Fallout

| Importance: 8/10

Under intense pressure from the Obama administration and Congress, BP agreed to establish a $20 billion independent claims fund to compensate victims of the Deepwater Horizon oil spill. The fund, administered by Kenneth Feinberg, represented an unprecedented corporate commitment to environmental …

BP (British Petroleum) Barack Obama Tony Hayward Kenneth Feinberg Gulf Coast Claims Facility +2 more compensation-fund corporate-accountability environmental-justice bp-deepwater-horizon obama-administration
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