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    News and Articles on Special Master



    Chemical spill claimants urged to return form  Mar 10, 2010
    The reason the settlements have not funded and you have not received the money allocated to you by the Special Master is because almost one quarter of the 4,000 plaintiffs in the Bogalusa litigation have failed to return their settlement releases. The terms of the settlements require that substantially all of the plaintiffs agree to settle (provide properly executed releases) before the defendants fund the settlement. (Bogalusa Daily News, LA)

    Symantec Unveils Object File System to Manage Data Growth  Mar 10, 2010
    "We scale by adding more data servers. Once you've filled up a rack, add a new one and that looks just the same, there's no special master, they all have the same architecture," explained Pasqua. "You could have multiple servers totaling petabytes of data.". (EnterpriseStorageForum)

    West Palm Beach struggles to stop illegal home rentals  Mar 4, 2010
    The ordinance calls for a first warning, and then a trip to the special master if an illegal rental continues to occur. But the city s planning director, Charles Wu, said no one has ever been sent to the special master. (The Palm Beach Post)

    Judicial vacancies  Mar 3, 2010
    In 2000, she was appointed special master to oversee and monitor a longstanding special education lawsuit in Baltimore. Her sister is Nina Totenberg, NPR's legal affairs correspondent. (Atlanta Journal-Constitution -- Metro)

    AIG may be allowed to grant raises to some of its top-paid executives  Mar 3, 2010
    AIG s top leaders had their cash salaries slashed by an average of 91 percent last year as Kenneth Feinberg, the Obama administration special master for executive compensation, used more stock to link awards to company performance. AIG s chairman, Harvey Golub, told shareholders last week that the cuts made little business sense because the firm couldn t keep some of its best managers. (Boston Globe)

    GMAC CEO Carpenter's Pay Package Rivals Goldman Sachs's Lloyd Blankfein  Mar 2, 2010
    His compensation was determined by the special master and reflects his experience leading other large complex financial- services organizations, spokeswoman said in an phone interview. Mike has joined GMAC at a critical time in turning around the operation. (Bloomberg)

    Masters screen family law matters  Mar 1, 2010
    The judges also have power to appoint a special master for a particular action and to establish how much the special master will be paid for his services. Two of the county s three Circuit Court judges were masters. (Carroll County Times, MD)

    AIG Chairman Says Feinberg's Pay Limits Hindered Repayment of U.S. Bailout  Feb 28, 2010
    Feinberg, the Obama administrations special master on executive pay, has instituted a $500,000 base salary cap for most AIG employees. He has made exceptions for those deemed necessary for the insurers success, including Chief Executive Officer , who secured a $7 million salary and $3. (Bloomberg)

    No rush to name Wilcox's prosecutor  Feb 27, 2010
    Thomas' office previously filed a motion with retired Arizona Chief Justice Ruth McGregor, who is serving as "special master" to resolve county legal disputes, asking her to determine whether a court could force the board to appoint a special prosecutor. A Thomas spokesman said his office would ask the court to expedite consideration of that motion. (AZCentral)

    BofA head retires with $83.6M deal  Feb 27, 2010
    Lewis's tenure ended in 2009 after he faced scrutiny from shareholders, regulators and lawmakers over his handling of Bank of America's 2009 purchase of Merrill Lynch & Co. Kenneth Feinberg, the US Treasury's special master for compensation, demanded last year that Lewis forgo a salary because Feinberg was concerned about the size of Lewis' retirement benefits and other stock awards ... Lewis's tenure ended in 2009 after he faced scrutiny from shareholders, regulators and lawmakers over his... (New York Post -- Business)

    Obama 'pay czar' speaks at Vandy  Feb 27, 2010
    Ken Feinberg, special master for executive pay for the federal government s Troubled Asset Relief program, described his role in setting compensation and the larger issue of regulating the private industry to dozens of people Friday at. It s just one small step in the right direction, he said of his role, commonly described as pay czar. (Nashville Business Journal, TN)

    Thomas picks prosecutor for Wilcox case  Feb 26, 2010
    If the board denies Thomas' request, the matter could go before retired Chief Justice Ruth McGregor, who is assigned as a "special master" to resolve differences in the ongoing legal battles plaguing Maricopa County. McGregor could assign an out-of-county judge to rule on the issue. (AZCentral -- News)

    Request to disqualify Thomas declined by judge  Feb 24, 2010
    But Hoggatt, who was assigned to the matter by "Special Master" Ruth McGregor, dismissed 27 of the motions. Twelve more will be considered in hearings scheduled for Monday and Tuesday. (AZCentral)

    Ken Feinberg on Holding the Purse Strings  Feb 22, 2010
    (CBS) Kenneth Feinberg has a most unusual job, and a most unusual title to go with it: "Special Master" is what he's called. Richard Schlesinger is about to show us why. (CBS News)

    AIG `Death Spiral' Ends With Bailout Support Bringing Stability to Revenue  Feb 22, 2010
    Managers continue to leave AIG, which falls under the jurisdiction of , the Obama administrations special master for executive compensation who instituted a $500,000 salary cap for most workers. More than 60 executives have left AIG since the rescue, some bringing subordinates to the companys rivals. (Bloomberg)

    Both Sides Object to Special Master's Findings in Judge Sharon Keller Case  Feb 19, 2010
    They were responding to the (pdf) that 37th District Judge David Berchelmann Jr. of San Antonio, special master in In Re: Honorable Sharon Keller. Berchelmann, who was appointed as special master by the Texas Supreme Court, found that Keller should not be removed from office or be publicly reprimanded for her conduct in connection with Richard's case ... "In effect, the Special Master improperly turned the proceeding before him into the semblance of a tort case or other proceeding in which... (Law.com)

    Union: NFL shortchanged low-revenue teams  Feb 17, 2010
    The NFL Players Association is charging the NFL Management Council with short-changing low-revenue clubs on the amount of money that has been distributed from the supplemental revenue pool, according to the union's filing Tuesday with the Special Master ... A league spokesman said, "Qualifiers have been part of the supplemental revenue sharing system since its inception. The union approved the use of qualifiers in the CBA. The operation of the qualifiers has been consistent with the resolution... (ESPN -- Football)

    Dome for a dollar wont work for Vikings  Feb 14, 2010
    Not sure whether or not the NFL will appeal the ruling by the Special Master on supplemental revenue sharing, Bagley said. Regardless, this program is in jeopardy, which underscores our need to resolve our stadium issue as soon as possible. (VikingUpdate.com)

    Public Meetings for Palm Beach County, Treasure Coast  Feb 13, 2010
    Code Enforcement Special Master ... Code Enforcement Special Masters hearings. (The Palm Beach Post)

    Obama Doesn't `Begrudge' Millions in Bonuses for `Savvy' Blankfein, Dimon  Feb 10, 2010
    The Obama administration named special master on executive compensation in June after a political outcry over bonuses paid to employees at. Feinberg, 64, ordered the seven companies whose pay he supervised, including and , to emphasize long-term stock compensation rather than cash payments. (Bloomberg -- Europe)

    Feinberg, Goldman CEO talked of pay  Feb 9, 2010
    WASHINGTON - Kenneth Feinberg, the US special master on executive compensation, said Group chief executive Lloyd Blankfein consulted with him on the firm s pay plans and adopted his prescriptions. Feinberg and Blankfein spoke about how Goldman as an institution should approach base salaries and compensation over time, Feinberg said yesterday in a Bloomberg Television interview. (Boston Globe)

    'Outrageous' AIG bonuses attacked  Feb 4, 2010
    His formal job title is special master for Tarp executive compensation. Bookmark with. (BBC News -- Business)

    Geithner: Bank fee would recoup AIG bonuses  Feb 4, 2010
    The Treasury's compensation "special master" denied an accusation by Sen. Charles Grassley, an Iowa Republican, that the Obama administration was "outmaneuvered" by AIG.. (MSNBC -- Business)

    Childress staff stays intact  Feb 4, 2010
    A special master that administers disputes between the NFL and the players association ruled in favor of the NFLPA Monday about the owners plan to eliminate the Supplemental Revenue Sharing (SRS) program during the uncapped 2010 season. The SRS pool provides considerable money $210 million last year and a projected $220 million this year to the organizations at the bottom of the revenue scale. (VikingUpdate.com)

    VACCINE: Court rules it's not linked  Feb 3, 2010
    "The overall weight of the evidence is overwhelmingly contrary to the petitioners' causation theories," George Hastings, the special master appointed to rule on a petition filed by the parents of Michelle Cedillo of Yuma, Ariz ... Special masters appointed by the court function as trial judges in these cases ... To deal with the thousands of autism-related claims, the Office of Special Masters told a steering committee of petitioners' lawyers to select test cases representing their theories of... (USA Today -- News)

    Ruling: $220M revenue sharing stays  Feb 2, 2010
    The NFL Players Association won a decision Monday from Special Master Stephen Burbank that will prevent league owners from dismantling the supplemental revenue sharing (SRS) pool in 2010, as management had planned ... "The Special Master basically rejected every single argument that management made and regardless of how the league characterizes the decision, this is a victory for players, for low revenue clubs and the fans," said Jeffrey Kessler, the lead counsel for the union in the case ...... (ESPN -- Football)

    FoxBusiness: TARP Watchdog Eyes Pay Czar  Feb 1, 2010
    This audit will assess the criteria used by the special master to evaluate executive compensation and whether the criteria were consistently applied to all firms receiving exceptional assistance, Barofsky wrote. In a November engagement memo to the Treasury Department, which manages the TARP, Barofsky wrote he launched the audit as part of our continuing oversight. (Fox News)

    Thomas' bid for D.C. prosecutors rejected by judge  Jan 29, 2010
    McGregor, the "special master" chosen by the current Supreme Court chief justice to coordinate the myriad criminal and civil cases roiling Maricopa County government, wrote in her ruling that she did not have jurisdiction to make such an appointment. Thomas attempted to appoint the attorneys, Joseph diGenova and Victoria Toensing, in October, but the Maricopa County Board of Supervisors refused to sign off on the contracts. (AZCentral -- News)

    Board approves resolution to make the state pay more  Jan 25, 2010
    Challenges to whether a requirement was a mandate or not would be heard by a special master through an appeals court action. The court would be required to rule within six months of filing. (The Herald-Palladium)

    It's payback time  Jan 22, 2010
    Kenneth Feinberg, the Treasury Department special master who oversees pay policy for bailed-out companies, has forced them to pay more compensation in long-term stock rather than bonus cash. The Federal Deposit Insurance Corp., at the urging of Chairwoman Sheila Bair, has begun formal consideration of a proposal to link banks' deposit insurance fees' to their adoption of such payment rules. (Brainerd Daily Dispatch)

    No Punishment Recommended for Judge Over Thwarted Last-Minute Appeal of Execution  Jan 21, 2010
    Judge David Berchelmann Jr. of the 37th District Court, who serves as special master for In Re: The Honorable Sharon Keller, issued his findings Wednesday. Berchelmann presided over the. (Law.com)

    AIG Looks at Different Ways to Repay Bonuses  Jan 19, 2010
    Feinberg is the U.S. Treasury Department's special master for compensation, hired to help sort out exorbitant pay at firms that received bailout dollars. Bad bets on toxic mortgages and credit default swap contracts made by the AIGFP unit led to the insurer's near collapse and the subsequent U.S. bailout. (ABC News -- Wire)

    Something's Fishy at the High Court  Jan 17, 2010
    These suits, known then as the "Great Lakes cases," have a rich history, including the appointment by the Court of Charles Evans Hughes, the then-future chief justice, as special master to gather facts and offer a recommendation to resolve the dispute ... Before serving as special master, Hughes had already been an associate justice from 1910 to 1916 ... Hughes returned to a lucrative private practice and was appointed special master in 1926 to sort through the complex claims made by the states.... (Law.com)

    Groups ask court to block Chevron arbitration bid  Jan 16, 2010
    The plaintiffs say a special master in Ecuador has ruled Chevron might be liable for up to $27 billion in damages. The Ecuadorean trial court has not yet ruled. (KGW Northwest NewsChannel 8, OR -- Business)

    `Worthless' AIG Shares Belie Company's Books: Jonathan Weil  Jan 10, 2010
    Its now public knowledge that AIG was arguing to the governments special master for executive pay last summer and fall that its common shares were worthless, and that its top managers therefore should receive their salaries all in cash rather than partly in stock. This revelation came thanks to article in last weekends New York Times. (Bloomberg -- Columnists)



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