Washington University dean calls role in spill fund an honor
Tuesday, August 10, 2010 | 6:33 a.m. CDT;
updated 7:51 a.m. CDT, Tuesday, August 10, 2010
ST. LOUIS — The dean of the law school at Washington University in St. Louis says he's honored to be chosen to administer a $20 billion fund for victims of the Gulf oil spill.
The Justice Department said Monday that Kent Syverud and retired federal judge John S. Martin of New York will be trustees of the fund.
BP has already made a $3 million initial deposit into the trust fund. Syverud says the trustees' duty is to make sure the money is there, and that there is proper oversight of how it is paid out.
Syverud has been dean of Washington University's School of Law since 2005.
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