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(AFX UK Focus) 2010-06-18 18:31 UPDATE 1-BP escrow account will pay claims fast – Feinberg

Posted on June 19, 2010 by bp complaints

(AFX UK Focus) 2010-06-18 18:31 UPDATE 1-BP escrow account will pay claims fast – Feinberg
JACKSON, Miss., June 18 (Reuters) – A billion fund set up by energy giant BP Plc to compensate victims for financial losses due to the Gulf of Mexico oil spill will pay legitimate claims fast, the fund’s administrator said on Friday. The fund would use a “transparent methodology” and there will be prompt payment of new claims while emergency interim payments will continue, said administrator …
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