CPR appoints Feinberg & Greenspan to head up Mass Claims Facilities
January 24, 2006Feinberg and Greenspan were formerly the team that successfully devised and oversaw the “September 11th Victim Compensation Fund of 2001,” which provided alternatives to litigation for families of victims.
The CPR Institute is proud to announce the creation of a new Commission on Facilities for the Resolution of Mass Claims.
Under the auspices of CPR Institute, Kenneth R. Feinberg, Partner, The Feinberg Group, will act as Chair and Deborah E. Greenspan, Partner, Dickstein Shapiro Morin & Oshinsky, will serve as Reporter. Mr. Feinberg and Ms. Greenspan are well suited for these roles. Previously, Feinberg was the Special Master for the September 11 Victims’ Compensation Fund Program, designated by Congress to provide families of victims alternatives to litigation. Ms. Greenspan was the Deputy Special Master. Together, they were responsible for devising systems for drafting and overseeing a distribution plan, creating guidelines, and managing operations. Helena Tavares Erickson, Senior VP, CPR Institute, will act as liaison between CPR and the Commission.
According to Institute President Thomas J. Stipanowich, “Mass claims and class actions are a primary feature of our legal landscape, and present unique challenges for courts, parties and legal counsel. Led by Ken Feinberg and several of the nation’s leading experts on complex claims management, the CPR Commission will draw upon our rich and varied experience to develop meaningful guidelines for managing and resolving mass claims of different kinds.”
The ultimate goal of the Commission is to develop a book that CPR Institute would publish as part of its Master Guide Series: Better Solutions for Business. It would provide a roadmap for determining who is entitled to receive money and guidelines for implementing the distribution.
Members of the Commission include:
David T. Austern, President
Claims Resolution Management Corp. (CRMC)
Elizabeth J. Cabraser, Partner
Lieff, Cabraser, Heimann & Bernstein
Michael D. Hausfeld, Partner
Cohen, Milstein, Hausfeld & Toll
Thomas Hill, Senior Counsel
Samuel Issacharoff, Professor
New York University School of Law
Jay P. Lefkowitz, Partner
Kirkland & Ellis
Robert H. Mnookin
Professor, Director of Harvard Negotiation Research Project
Harvard Law School
Samuel C. Pointer, Jr.
Former U.S. District Judge for the N.D., AL, Partner
Lightfoot, Franklin & White
Russell W. Porter, Jr.
Vice President and Deputy General Counsel
According to Deborah Greenspan, “I believe that there is a substantial need for these types of guidelines. I certainly think that corporate entities and their law firms facing mass litigation, neutrals involved in facilities settlements and resolutions, as well as government agencies would have very strong interest in and need to ensure that distribution systems are most efficient and equitable.”
Download a PDF of this Press Release here