Ken Feinberg Discusses the Current Trends in Mass Tort Mediation and the Impact on Distressed Debt Markets

Washington, D.C. – Ken Feinberg, an attorney known for managing several high-profile victim compensation funds, recently provided insights on mass tort mediation and the evolving challenges of distressed debt. These comments were highlighted during his keynote at a legal conference focused on complex litigation and reorganization. Feinberg’s career has notably included oversight of compensation for victims of events such as the 9/11 attacks and the BP Deepwater Horizon oil spill. Given his deep involvement in such cases, his perspectives carry significant weight in discussions about mass tort settlements, a field increasingly intersected by stresses in … Read more

Ken Feinberg Reveals Key Ingredients for Successful Mediations in Distressed Debt Cases

New York, USA – Ken Feinberg, known for his role as the Special Master of the Federal September 11 Victim Compensation Fund, shared his insights on the strategies for successful mediations in mass tort cases. Bloomberg Intelligence consultant, Negisa Balluku, interviewed Feinberg on the intersection of mass tort and Chapter 11 bankruptcies. During the conversation, Feinberg stressed the importance of establishing deadlines and ensuring that all relevant parties are present at the negotiation table. Drawing from his extensive experience in administering complex public crises, Feinberg emphasized the significance of these two factors in reaching successful … Read more