Feinberg Sends Out 1,489 Final Offers for BP Gulf Spill Claims
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Kenneth Feinberg said he has sent 1,489 offers for final payment to victims of BP Plc’s oil spill, the first round since completion of a methodology for calculating future losses.
Feinberg, who administers a $20 billion claims fund paid by BP, said in an interview today that he also has distributed 466 interim checks since making the payment formula final on Feb. 18. He didn’t disclose the amounts involved.