DENVER — Friday, Sept. 21, 2012 — Gov. John Hickenlooper, Community First Foundation President and CEO Marla J. Williams and the 7/20 Recovery Executive Committee announced today Ken Feinberg will serve as special master to oversee distribution of money donated to the Aurora Victim Relief Fund.
Feinberg is a nationally-recognized expert in handling relief funds created after various tragedies and disasters. He is best known for serving as the Special Master of the Federal September 11th Victim Compensation Fund of 2001. In that role he reached out to all who qualified to file a claim, evaluated applications, determined appropriate compensation and disseminated awards.
“Many people have worked tirelessly since the July 20 shooting to help the victims and their families,” Hickenlooper said. “Our first priority has been and continues to be helping people recover. We are grateful that Ken Feinberg is available to assist with the Aurora Victim Relief Fund.. We look forward to tapping his knowledge and experience to fairly handle the fund in the most efficient and effective manner possible.”
Rich Audsley, special advisor to the 7/20 Recovery Committee, said, “Ken Feinberg has offered this community a great gift with his willingness to provide his expertise. Over the last few weeks the 7/20 Recovery Committee has listened to the families and the victims through group meetings, individual conversations and a survey. This input will be shared with Ken Feinberg. The 7/20 Committee will also provide guiding principles and protocols as he develops the fund distribution plan.”
“From the beginning, the sole purpose of the Aurora Victim Relief Fund was to help the victims and their families during this difficult time,” Williams said. “Community First Foundation strongly believes bringing Mr. Feinberg into the process assists us in reaching that mission.”
Victims and their families expressed interest in recent weeks in seeing a third-party fund administrator help with the distribution plan and process related to the Aurora Victim Relief Fund.
As a result, the Governor’s Office, Community First Foundation and the 7/20 Recovery Executive Committee initiated discussions with Feinberg and met with him today in Denver. Everyone involved will continue to work with Feinberg in the coming days and weeks to determine the exact next steps. Input from victims and their families will remain a critical part of the process.
Feinberg is not collecting payment for his services or expenses while assisting with the Aurora Victim Relief Fund.
About the Aurora Victim Relief Fund (https://www.givingfirst.org/AVRF)
Community First Foundation, a longstanding community foundation, has established the Aurora Victim Relief Fund in partnership with Colorado Governor John Hickenlooper. This Fund will only be used to meet the immediate and long-term needs of victims and their families and, as funds are available, the broad needs of those affected in the community. Community First Foundation does not take any administration fees to manage the Fund. In addition, Community First Foundation is paying all credit card fees for online donations so 100 percent of every donation goes to the Fund. Any accrued interest earned on the Fund will also be added.
About Ken Feinberg (http://www.feinbergrozen.com)
Kenneth R. Feinberg has been key to resolving many of our nation's most challenging and widely known disputes. He is best known for serving as the Special Master of the Federal September 11th Victim Compensation Fund of 2001, in which he reached out to all who qualified to file a claim, evaluated applications, determined appropriate compensation, and disseminated awards. Mr. Feinberg shared his extraordinary experience in his book What Is Life Worth?, published in 2005 by Public Affairs Press. Just a few years later, Mr. Feinberg became Fund Administrator for the Hokie Spirit Memorial Fund following the tragic shootings at Virginia Tech. Mr. Feinberg also has served as Special Master in Agent Orange, asbestos personal injury, wrongful death claims, Dalkon shield, and DES (pregnancy medication) cases.
Mr. Feinberg founded Feinberg Rozen, LLP in 1992. He has been involved in resolving thousands of disputes involving a wide range of interests and clients. In the commercial sector, Mr. Feinberg designed, implemented and administered an ADR settlement Program involving Liberty Mutual Insurance Company, Zurich N.A. Insurance Company and Hurricane Katrina and other Gulf hurricane claimants. He also has served as Distribution Agent for AIG Fair Fund claimants, and has been the Fund Administrator for a variety of claimant funds totaling more than $1 billion. In his capacity as an arbitrator, Mr. Feinberg helped determine the fair market value of the original Zapruder film of the Kennedy assassination, and legal fees in Holocaust slave labor litigation.
Mr. Feinberg has been appointed to two presidential-level commissions because of his experience and expertise, and has had a distinguished teaching career as an Adjunct Professor of Law at Georgetown University, the University of Pennsylvania, Columbia University, New York University, and the University of Virginia.
In 2004, he was named “Lawyer of the Year” by the National Law Journal (2004), and has been named repeatedly as one of “The 100 Most Influential Lawyers in America” by the National Law Journal.