The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
On July 15th, Kenneth Feinberg used three Louisiana town hall gatherings – in Houma, Port Sulphur, and Lafitte – to explain how the Gulf Coast Claims Facility (GCCF) will work. Animated and lively, with a little Bostonian humor, Feinberg held the attention of each overflowing crowd for approximately 30 minutes, followed by 20 minutes of questions from the audience.