Feinberg Pledges to Issue Spill Checks Within 24 Hours
This article is for subscribers only.
Kenneth Feinberg, administrator of the Gulf Coast Claims Facility, said he intends to issue emergency payment checks to individuals within 24 hours of an application for losses tied to the BP Plc oil spill.
Checks for businesses will be issued within seven days, Feinberg said today in a statement releasing protocols for the $20 billion fund BP set up. Emergency claims can be filed from Aug. 23 through Nov. 23, he said.