BP fund underpays oil spill victims: Mississippi

BILOXI, Mississippi (Reuters) – U.S. courts must compel the administrator of BP’s $20 billion oil spill fund to meet his legal obligations and stop short-changing victims of the Gulf of Mexico disaster, Mississippi said on Tuesday.

Until now, “sweeping deficiencies and violations of law” characterize the Gulf Coast Claims Facility (GCCF) fund run by independent administrator Kenneth Feinberg, state Attorney General Jim Hood said in a memorandum to a federal court in Louisiana.

“Court intervention and action is needed to compel BP to cure its failure to provide a claims process that fulfills the requirements of the Oil Pollution Act of 1990, state law and prior public commitments of BP,” the memorandum said.

1/1/11