Engine Maker Hit With $26M Verdict Over 2008 Plane Crash

Law360, New York (April 8, 2013, 4:39 PM EDT) -- Engine manufacturer Avco Corp. must pay $26 million to the relatives of three victims of a 2008 airplane crash purportedly caused by a mechanical defect in the aircraft's engine, the relatives' attorneys announced Monday.

Following a six-week trial in Washington state court, a Seattle jury hit Avco, which does business as Lycoming Engines, with more than $17 million in damages over the deaths of pilot Brenda Houston and her 10-year-old daughter Elizabeth Crews. That award includes $6 million in punitive damages, and will go to plaintiff...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.