CBI Board Member Appointed Administrator of BP Compensation Fund

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Consensus Building Institute (CBI) board member, Kenneth R. Feinberg has been named by President Obama as the independent administrator of a $20 billion fund recently established by BP to compensate victims of the Gulf of Mexico oil spill. President Obama said of Feinberg, "I'm confident he will assure that claims are administered as quickly, as fairly and as transparently as possible."

Mr. Feinberg is an attorney and one of the nation's leading experts in mediation and alternative dispute resolution. He was appointed by former US Attorney General John Ashcroft to serve as the Special Master of the Federal September 11th Victim Compensation Fund of 2001. In this capacity, he developed and promulgated the Regulations governing the administration of the Fund and administered all aspects of the program, including evaluating applications, determining appropriate compensation and disseminating awards.

Mr. Feinberg is the managing partner and founder of The Feinberg Group, LLP. He has had a distinguished teaching career as Adjunct Professor of Law at the Georgetown University Law Center, University of Pennsylvania Law School, New York University School of Law, the University of Virginia Law School and Columbia Law School. Mr. Feinberg was also one of three arbitrators selected to determine the fair market value of the original Zapruder film of the Kennedy assassination and was one of two arbitrators selected to determine the allocation of legal fees in the Holocaust slave labor litigation.

From 1994 to 1995, Mr. Feinberg was a member of the Presidential Advisory Commission on Human Radiation Experiments and from 1989 to 1990 he was a member of the Presidential Commission on Catastrophic Nuclear Accidents. He is listed in "Profiles in Power: The 100 Most Influential Lawyers in America" (National Law Journal, April 4, 1994; June 12, 2000) and was named "Lawyer of the Year" by the National Law Journal (December, 2004). He is the author of numerous articles and essays on mediation, mass torts and other matters.