Word: airlinese
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That's because Congress has capped the liability of the airlines, the airport owners, the aircraft manufacturers, the towers' landlord and the city of New York. In the name of the economy, the government severely restricted the victims' rights to sue--whether they join the fund or not. It is...
In the end, most families will probably choose the fund over litigation. The Lockerbie millions are simply not a realistic possibility. It is always extremely difficult to sue the government. And the liability for the Sept. 11 attacks was capped by Congress at about $1.5 billion per plane. So while...
In any event, there was no talking Congress out of the liability caps when it drafted the airline-bailout package 10 days after the attacks. The airlines could not fly without insurance, and their coverage was far short of what it would take to pay the damages. Federal Reserve Chairman...
No matter how many times tearful widows accuse him of protecting the airlines, Feinberg does not blush. A lawyer with decades of experience in the messy art of compromise (Feinberg was special master for the $180 million distributed to veterans exposed to Agent Orange), he is accustomed to rage. "On...
Those glass atriums and mini-mall floor plans familiar to passengers trotting through the nation's airports may soon be more casualties of Sept. 11. Architects who specialize in airport design say a quiet change is taking place: long-planned airport renovations in at least a dozen cities, once predicated...