Monday, January 3, 2011
Law.com, BP-Paid Law Professor Vouches for Feinberg on Gulf Spill Work
A law professor being paid $950 an hour with BP's money has declared that the czar of the $20 billion claims fund for Gulf oil spill victims is independent of the oil giant.
Fund administrator Ken Feinberg said Thursday he has agreed to pay NYU professor Stephen Gillers for his advice. Since being hired, Gillers has written a letter stating that Feinberg is neutral and not subject to BP's direction or control.
(Hat Tip: Jack Bogdanski.)