Score 1 for BP's attorneys .... 0 for Obama's 'ass-kicking' dog and pony show.
"If you're wondering why BP "agreed" to the $20 billion escrow fund, wonder no more....
In the end, one aim of the fund—and a prime reason BP agreed to it—will be to minimize lawsuits against the company. To do that, Mr. Feinberg will offer big lump-sum payments to workers and businesses as an enticement to stay out of court.
"At some point, I will have to make an offer—'You take this amount in full satisfaction of your claim, but only if you waive your right to future litigation,'" Mr. Feinberg said. "And if I package it right, people will see that it makes no sense to fight it out in court."
Ding ding ding ding. .........."