Amtrak settles fatal 2015 crash in Philadelphia for $265 million
Source: NY Daily News
Amtrak will pay $265 million for the May 2015 derailment that killed eight passengers just outside of Philadelphia.
A judge ordered the train company to pay up Thursday as part of a settlement program, WTXF reported.
The funds will be divided amongst the more than 125 pending cases stemming from the wreck, including the eight wrongful death claims. More than 200 people were injured, many seriously, on board Northeast Regional No. 188.
The settlement sum reflects a newly raised cap on damages for Amtrak accidents. Previously, there was a $200 million per-accident limit — a figure set by Congress in 1997. Just after the May 2015 derailment, lawmakers increased it to $295 limit.
Lawyers who negotiated the settlement say people will have their awards in hand by June instead of going through years of legal wrangling.
Read more: http://www.nydailynews.com/news/national/amtrak-settles-fatal-2015-crash-philadelphia-265m-article-1.2847317
= new reply since forum marked as read
That averages around 875K.
rocktivity
