By: Gleb Stolyarov, Tom Balmforth MOSCOW (Reuters) – A unit of Russian conglomerate Rostec said on Tuesday it was ready for an out-of-court settlement with Boeing (BA.N) over its order for 35 Boeing (BA.N) 737 MAX jets, a spokesman for Rostec’s subsidiary Avia Capital Service told Reuters. Boeing MAX 737 jets have been grounded worldwide and […]
ASSOCIATED PRESS | AUG 27, 2019 | 1:27 PM| MOSCOW A Russian aircraft leasing company that ordered 35 Boeing Max jets is suing the U.S. aircraft-maker, accusing it of hiding defects in the plane that has been grounded after two deadly crashes. The Miami-based lawyer for the leasing company said Tuesday it is the first lawsuit filed against Boeing […]
By Mike Curley Law360 (July 29, 2019, 2:18 PM EDT) — Volkswagen will offer free tire rotations and reimbursement for previous rotations for certain vehicles as part of a $57 million settlement to end a proposed class action in Florida federal court that claimed the company knowingly sold cars with defective suspensions. Volkswagen Group of America Inc. and […]
Plane maker’s funding pledge comes as families sue for compensation By Andrew Tangel Updated July 3, 2019 12:44 pm ET Boeing Co. BA 0.08% pledged $100 million in financial support to families and communities affected by two fatal crashes of its 737 MAX plane, as the company works to restore a reputation shaken by the tragedies. The Chicago-based plane maker said […]
Several families of the victims of the two Boeing 737 Max crashes say Boeing has not contacted them to offer support, condolences, or an apology. Boeing has apologized publicly, but the father of a woman killed in one of the crashes says “a true apology is when you sit across the table together and exchange […]
July 3, 2019 at 8:58 am Updated July 3, 2019 at 10:59 pm By Dominic Gates and Steve Miletich Seattle Times staff reporters Boeing announced a $100 million fund Wednesday as an “initial outreach” to the families of victims of the two 737 MAX crashes in Indonesia and Ethiopia, a step that lawyers for the families called “unprecedented […]
New York (CNN Business) Boeing’s very bad year just got worse. It is now facing the very real possibility that the 737 Max crisis will stretch into next year. Even after it gets the planes back in the air, it will have to make deliveries of new planes to its customers. Until that backlog is cleared up, […]
Law360 (June 3, 2019, 5:57 PM EDT) — A Florida federal judge on Monday approved a request by direct purchasers of farm-raised salmon to appoint Hausfeld LLP and Podhurst Orseck PA as lead counsel to litigate their consolidated class antitrust suit against various North Atlantic salmon farms accused of illegal price fixing. U.S. District Judge […]
Boeing and lawyers suing on behalf of victims of last year’s Lion Air crash have agreed to a mediation in July in an attempt to settle the cases. By: Amanda Bronstad | May 29, 2019 at 07:35 PM The Boeing Co. has agreed to mediate dozens of lawsuits brought over last year’s Lion Air crash, […]
by Zach Schlein A Miami-Dade jury has sided with the estate of Timothy Johnson Jr. in its lawsuit alleging an aircraft engine manufacturer’s negligence caused the South Florida pilot’s death. On March 13, the jury found Alabama-based Continental Motors Inc. was 100% responsible for the December 2012 plane crash at North Palm Beach County Airport […]
