Dispute heats up over BP’s $20B oil spill fund

  Friday, April 15th, 2011 Source: Bloomberg Businessweek

The administrator of BP’s $20 billion oil spill fund says Mississippi Attorney General Jim Hood could undermine the claims process by urging a court to intervene and by making allegations that border on defamation. Hood called those statements, made Tuesday in a court filing in Louisiana, "surreal." Hood said he just wants the fund’s administrator, Washington lawyer Kenneth Feinberg, to make the process more transparent so people will know if he’s looking out for best interest of oil spill victims or BP PLC.

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