Tag Archives: Kenneth Feinberg

Families of Newtown shooting victims to receive $281,000 each

Families of the 26 children and educators killed in the Connecticut school shooting last year will receive $281,000 each under a final plan, released Wednesday, for dividing up $7.7 million in donations.

The families of 12 surviving children who witnessed the Dec. 14 shootings at Sandy Hook Elementary School will each get $20,000. Two staff members who were injured will get $75,000 each.

The Newtown-Sandy Hook Community Foundation released the final plan after the draft proposal by a distribution committee of the foundation was recommended last week. The foundation’s board approved the plan Monday.

“The board wishes to express its appreciation for the thorough and thoughtful efforts of the distribution committee,” foundation Chairman Charles Herrick said.

Retired U.S. District Court Judge Alan Nevas, the committee chairman, thanked Kenneth Feinberg for his advice on how to allocate the $7.7 million to the 40 families.

“We went through a thoughtful and deliberative process which included private meetings with many of the families and received input at a public forum,” Nevas said. “While no amount of money can serve to ease the pain experienced by these families, we feel confident in these recommendations and wish the foundation well in its continuing work to help the community of Newtown heal.”

Twenty-year-old Adam Lanza shot his mother at their home before driving to the school and assaulting school children and staff, then killing himself as police arrived. His motive remains unclear.

The foundation was asked to divide up more than $11 million raised with the help of the United Way. The foundation decided to divvy up $7.7 million to the families and survivors, and to have committees decide on uses for the remainder of the donations.

At a public hearing last week, some questioned the process for arriving at the $7.7 million for the families and why all the money wasn’t going to the victims. Some victims’ families have said dealing with questions over how to distribute the money has caused them more pain.

Gov. Dannel P. Malloy weighed in Friday with a letter expressing frustration with the process and calling for an independent party to handle the remaining nearly $4 million in donations. Malloy said he hopes families are not precluded from receiving additional money.

Patrick Kinney, a foundation spokesman, countered that the fund was created to help those most affected by the shooting, including families, surviving students and first responders and is best managed by local people who understand their long-term needs. He said the remaining money will be used for services to support the needs of all those affected by the tragedy, which doesn’t exclude anyone who has already received money.

…read more

Source: FULL ARTICLE at Fox US News

Overseer of US victim funds says work wrenching

Massachusetts lawyer Kenneth Feinberg has been near the heart of some of the worst catastrophes, dealing with people who’ve faced profound loss after 9/1l, the BP oil spill, the Virginia Tech shootings, and the Colorado movie theater ambush.

Now, he’s adding the Boston Marathon bombings to his workload, managing a victims’ compensation fund as he did after the previous tragedies.

The 67-year-old Feinberg said his work takes an emotional toll but is about wanting to help, in the same spirit as those who donate.

The One Fund — now nearing $26 million — was established to help victims of the April 15 explosions that killed three people and injured more than 260.

Feinberg has established an aggressive timeline in Boston. He hopes to meet with families by June 15 and get checks out by June 30.

Currently, he is advising a panel distributing money after the December school massacre in Newtown, Conn., and mediating settlement discussions between Penn State and alleged sex abuse victims of former football coach Jerry Sandusky.

The experiences are wrenching, he said. And recipients invariably resent him, thinking he’s trying to put a price on the priceless things they’ve lost.

“Don’t expect thanks or appreciation or gratitude, none of that,” Feinberg said. “We have very emotional victims and you’re offering them money instead of a limb, instead of the return of a family member. This is a no-win situation.”

But he keeps saying yes to the work because he wants to help.

“Look at the amount of money that pours in from private people, private citizens?” he said. “How do you say no if the governor calls, the mayor?”

In 1984, the Brockton native was appointed to distribute money from a $180 million settlement for military veterans exposed to Agent Orange. His work was stellar enough to prompt a call when President George W. Bush was looking for someone to manage the 9/11 Victims Compensation Fund. Since then, the calls have come regularly.

Most of the work is pro bono, including the Boston Marathon job, though Feinberg was paid for his work with the 9/11 fund and the BP oil

Source: FULL ARTICLE at Fox US News

Mass Shooting Victims Seek Control Over Donations

By The Huffington Post News Editors

By Daniel Trotta
NEW YORK, March 24 (Reuters) – Survivors of mass U.S. shootings have united to provide victims of future tragedies greater control over donations made after such events and to prevent nonprofit groups from holding onto money intended for families of the dead and wounded.
A group representing families of those killed at the Columbine, Virginia Tech and Aurora mass shootings wants to ensure any unspecified funds raised as a result of the Newtown shooting go directly to victims and their families.
Newtown, the Connecticut town where a gunman killed 20 children and six adults at Sandy Hook Elementary School on Dec. 14, has identified more than 60 funds raising money on behalf of victims or projects related to the shooting.
The families of some mass shooting victims want a trusted, centralized authority to manage future donations.
“Going back to Oklahoma City, we’ve seen families who have had to endure not only horrific loss, but also the unimaginable task of wrestling with Byzantine nonprofit bureaucracies to access financial relief intended for them,” the families said in a statement. “It’s time to stop the madness. We cannot watch this happen, yet again, in Sandy Hook.”
The informal group, so far unnamed, has initiated talks with senior White House officials and two members of Congress about establishing an official fundraising operation for such tragedies, said Caryn Kaufman, a spokeswoman for the families. She declined to name the officials out of concern it might jeopardize the project.
The group is examining whether legislation or an executive order would be needed to create a federal or nonprofit entity that would coordinate donations after any future tragedy.
The project has won initial support from Kenneth Feinberg, the influential Washington lawyer who administered funds for victims of the Sept. 11, 2001, attacks and several mass shootings.
Jerri Jackson, whose son Matt McQuinn was killed with 11 others in the 2012 movie theater shooting in Aurora, Colorado, wants it to be easier for future victims to receive aid. …read more
Source: FULL ARTICLE at Huffington Post

BP oil spill settlement payments exceed $1B mark

Businesses and individuals who claim BP‘s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class-action settlement with private plaintiffs’ attorneys.

Court-supervised claims administrator Patrick Juneau says payments hit the $1 billion mark before the end of 2012. He also said 95 percent of claimants who were offered payments decided to accept them.

Juneau touted the acceptance rate as evidence the settlement and claims process are fair.

The court-supervised claims process was established in June 2012. It replaced the Gulf Coast Claims Facility led by Kenneth Feinberg.

BP estimates it will pay $7.8 billion to resolve more than 100,000 claims through the settlement, which received final approval from U.S. District Judge Carl Barbier in December.

Source: FULL ARTICLE at Fox US News