Boeing Hires Kenneth Feinberg to Handle 737 Max Claims - News Summed Up

Boeing Hires Kenneth Feinberg to Handle 737 Max Claims


Boeing Co. has hired victim-compensation attorney Kenneth Feinberg to distribute $50 million to families who lost relatives in two crashes involving its 737 MAX planes. Mr. Feinberg is often hired by corporations and public entities after disasters, helping determine payouts for those affected by the 9/11 attacks, BP PLC oil spill in the Gulf of Mexico, defective ignition switches in General Motors Co.’s vehicles and other high-profile cases. He was recently appointed as a mediator to try to resolve thousands of cases alleging...


Source: Wall Street Journal July 17, 2019 15:33 UTC



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