Sink seeks clarification from Feinberg on BP claimants’ promise not to sue
Wednesday, July 21st, 2010 by Dara KamChief Financial Officer Alex Sink wants Ken Feinberg, appointed by President Barack Obama to administer the BP oil spill claims process, to clarify whether individuals and businesses seeking payment from the oil giant must promise not to sue BP in the future.
Sink’s letter comes on the heels of a scathing analysis of Feinberg’s claims process – revamped nine times since he started the take-over late last month – by a Florida legal dream team tapped by Gov. Charlie Crist and Attorney General Bill McCollum.
One of the legal eagles’ chief worries is Feinberg’s requirement that anyone seeking a lump-sum settlement from BP waive their right to sue – long before the full impact from the devastating oil leak are known.
“With millions of gallons of oil discharged in the Gulf of Mexico, the people who live and work along the Gulf Coast cannot know with any certainty today what the full extent of their damages may be in the future. In order to ensure that the claims process is fair, the payment of any Floridian’s claim, including a final claim, should not be conditioned on the waiver of the claimant’s rights under state or federal law,” Sink, a Democrat running for governor, wrote to Feinberg today.
Former attorneys general Jim Smith and Bob Butterworth sent a letter to Crist and McCollum this week outlining their concerns with Feinberg’s process, chief among them his aim to give BP “total peace” regarding payouts.
“While the current BP claims process has been fraught with delays and has failed to adequately compensate the many victims of the Deepwater Horizon oil spill, we are concerned that the process that is about to replace it has the potential to harm the citizens of the Gulf Region as profoundly and deeply as the spill itself,” Smith and Butterworth wrote.
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