Kenneth Feinberg News
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One Fund Boston, set up to aid marathon bombing victims, has reached $20 million with donations ranging from $5 by children with lemonade stands to $1 million by companies, Mayor Thomas Menino said.
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Seyfarth Shaw LLP will open an office in Shanghai this summer, giving the firm its first office in Asia. China practitioner Wan Li, who recently joined the firm from DLA Piper LLP, will be the chief representative and managing partner of Seyfarth’s Shanghai office.
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Kenneth Feinberg, the lawyer who ran the September 11th Victim Compensation Fund, will play the same role for those affected by the Boston Marathon bombing, said Boston Mayor Thomas Menino and Massachusetts Governor Deval Patrick.
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American International Group Inc. adopted incentive plans for employees to reward top performers after the insurer exited a U.S. bailout last year.
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The trial that will determine the extent of any liability London-based BP Plc and its partners must face for the April 2010 Gulf of Mexico oil spill is set to begin today in federal court in New Orleans.
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Andrew J. Hall, the former Citigroup Inc. oil trader whose pay package of about $100 million ensnared him in the fight over compensation at bailed- out banks in 2009, is selling handmade lavender soap and grass- fed Angus beef from a farm in Reading, Vermont.
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Kenneth Feinberg , the Obama administration’s special master on executive compensation, called on 17 bailed-out financial firms including Goldman Sachs Group Inc. and Bank of America Corp. to adopt compensation policies that allow directors to lower top executives’ pay when their firm is under threat.
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Kenneth Feinberg and his law firm have been paid more than $2.5 million in 3 1/2 months to administer the $20 billion fund set up by BP Plc to compensate victims of its oil spill in the Gulf of Mexico.
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Kenneth Feinberg said the Gulf Coast Claims Facility drawing on BP Plc’s $20 billion oil fund is attracting as many as 8,000 applications a day and has paid out more than $1 billion.
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Kenneth Feinberg ’s effort to pick among claims on BP Plc ’s $20 billion fund for victims of its oil spill has attracted a group of self-described watchdogs: attorneys general from affected Gulf Coast states.
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