Word: vertol
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...Massachusetts authorities announced an agreement that gives him a $799,000 fee for negotiating a settlement in a dispute involving a fleet of trolley cars claimed to be defective. Because the cars kept jumping the track, the Massachusetts Bay Transportation Authority (M.B.T.A.) wanted them modified by the manufacturer, Boeing Vertol Co. In September, after a year of futile negotiations, Schwartz, a products-liability expert, was hired. Before the M.B.T.A. and Schwartz could agree what his remuneration would be, he extracted from Boeing Vertol a settlement calling for $40 million in cash, including the sizable attorney's fee, in addition...
...size of Schwartz's fee troubled many Bostonians. A transit authority spokesman noted that Boeing Vertol -and not the M.B.T.A.-had to pay the legal bill. "An outrage," countered influential State Representative Barney Frank. "The size of the fee had to have some effect on the size of the settlement...
Shapiro said the Green Line's problems mostly stemmed from problems with the Light Rail Vehicles (LRV) which the T ordered from Boeing Vertol several years ago. Because the MBTA expected the new cars, they did not maintain the old ones carefully...
...recent $40 million settlement with Boeing Vertol should replace or repair those vehicles and alleviate the problem...
Brookline selectman Edward Novakoff said, however, that the settlement with Boeing Vertol may not be such a good deal. He said fixing the faulty vehicles would not necessarily prevent them from breaking down again, and because of the agreement, the company would no longer be responsible for manufacturing defects...