Kenneth Feinberg, administrator of the BP (NYSE:BP) compensation fund, said he'll waive the previous requirement for those making claims to the fund of deducting wages earned from BP by helping with the oil spill cleanup.
This has been a point of contention for some time, and it seemed at the beginning there would be no concession at all, but the growing antagonism toward Feinberg and the slow pace of the fund may have had a part in Feinberg's decision.
According to Feinberg, fisherman will be specifically helped by the decision, who helped with the cleanup when they weren't able to fish.
So far the fund has paid out over $240 million on 68,000 claims.
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