US selects compensation Feinberg firm to oversee Boeing 737 MAX victim fund
Prominent attorneys Kenneth Feinberg and Camille Biros have been named to oversee a $500m victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on Wednesday, the second anniversary of the second crash. The fund is part of a $2.5b Justice Department settlement reached in January with Boeing after prosecutors charged the company with fraud over the certification of the 737 MAX following a Lion Air crash on Oct. 29, 2019 and an Ethiopian Airlines disaster on March 10, 2019. Boeing said it looked “forward to working with Mr. Feinberg and Ms. Biros to ensure the prompt distribution of these funds.”<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-03-11/general/us-selects-compensation-feinberg-firm-to-oversee-boeing-737-max-victim-fund
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US selects compensation Feinberg firm to oversee Boeing 737 MAX victim fund
Prominent attorneys Kenneth Feinberg and Camille Biros have been named to oversee a $500m victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on Wednesday, the second anniversary of the second crash. The fund is part of a $2.5b Justice Department settlement reached in January with Boeing after prosecutors charged the company with fraud over the certification of the 737 MAX following a Lion Air crash on Oct. 29, 2019 and an Ethiopian Airlines disaster on March 10, 2019. Boeing said it looked “forward to working with Mr. Feinberg and Ms. Biros to ensure the prompt distribution of these funds.”<br/>
