Boeing settles lawsuits
52 of 175 suits related to TWA Flight 800 crash are now settled
August 7, 2000: 10:45 p.m. ET
SEATTLE (Reuters) - Boeing Co. has settled 52 of 175 lawsuits brought by
Lee Kreindler, lead plaintiffs' lawyer in the litigation, declined to specify
Kreindler's firm is handling 85 cases, of which 32 have been settled.
"Right now we're all settling cases pretty quickly," Kreindler said. "We're
Boeing (BA: Research, Estimates) spokeswoman Liz Verdier
"We needed some data on the victims so we would know what would be a good
Verdier said Boeing officials hoped to settle more cases soon.
Trans World Airways Inc. (TWA: Research, Estimates) Flight 800 bound for
Investigators have focused on frayed wiring on some older jets that may
In March, a federal appeals court in New York upheld a ruling allowing
In its ruling the U.S. Second Circuit Court of Appeals affirmed a 1998
That finding permitted the families to make claims for punitive and emotional
Defendants in the case, TWA, Boeing and its contractor Hydro-Aire, Inc.,
That act allows recovery only on monetary losses such as a victim's salary
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