Oil Spill Claims Would Be "Crazy" To Bypass Fund And Take Their Chances In Court

Posted: Jul 19, 2010 12:23 PM by Melissa Canone

WASHINGTON (AP) - The administrator of a $20 billion Gulf oil
spill compensation fund says fishermen and others with lost income
claims would be "crazy" to bypass the fund and take their chances
in court.
Ken Feinberg said at speech Monday that that he will be much
more generous than any court - without the complications and delays
of a lawsuit.
He also noted that claimants could get emergency payments for
six months without giving up their right to sue. He said only
people who are offered a lump sum for all present and future injury
would have to decide whether to take that and waive filing a
lawsuit.
Feinberg made his remarks at the Economic Club of Washington,
D.C.

Topics: Oil, Spill, Claims, Would, Be, "Crazy, " To, Bypass, Fund, And, Take, Their, Chances, In, Court