WASHINGTON—Prominent attorneys Kenneth Feinberg and Camille Biros will be named to oversee a $500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on Wednesday. As part of a settlement with the Justice Department, Boeing in January agreed to pay $500 million to compensate the heirs, relatives, and beneficiaries of the passengers who died in Lion Air Flight 610 and Ethiopian Airlines Flight 302 in 2018 and 2019. Wednesday marks the second anniversary of the Ethiopian crash that led to the MAX’s 20-month grounding worldwide, which was lifted in November. Boeing and the Justice Department declined to comment. The $500 million was part of a $2.5 billion deferred prosecution agreement Boeing reached with federal prosecutors in January over the MAX. Boeing was required to propose three candidates for the position and the Justice Department had the …
Feinberg to Oversee $500 Million Boeing 737 MAX Victim Fund
March 11, 2021
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