NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

U.S. judge dismisses litigation over missing Malaysia Airlines flight

Published 24/11/2018, 05:22 am
© Reuters.  U.S. judge dismisses litigation over missing Malaysia Airlines flight
BA
-
ALVG
-
SO
-

By Jonathan Stempel

Nov 23 (Reuters) - A U.S. judge has dismissed nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims' families sought to hold the carrier, its insurer Allianz SE ALVG.DE and Boeing (NYSE:BA) Co BA.N liable for the still-unexplained disaster.

U.S. District Judge Ketanji Brown Jackson in Washington ruled on Wednesday night that the wrongful death and product liability litigation, encompassing 40 lawsuits, did not belong in the United States.

She said the case belonged in Malaysia, which has an "overwhelming interest" in and "substantial nexus" to the March 8, 2014 disappearance of Flight MH370, a Boeing 777 heading to Beijing from Kuala Lumpur with 239 people on board.

"At its core, this case is about the unexplained disappearance of a passenger plane operated by Malaysia Airlines as part of its national air carrier fleet following its departure from a Malaysian airport," Jackson wrote.

"Litigation in the United States related to the Flight MH370 disaster is inconvenient," she added.

The 61-page decision is a setback for plaintiffs from the United States, Australia, China, India and Malaysia who represented more than 100 Flight MH370 passengers, including from Japan.

The plane is believed to have crashed in the south Indian Ocean after veering far off course, but no remains or large pieces of wreckage have been found.

Flight MH370's disappearance remains one of the world's greatest aviation mysteries.

A 495-page report from Malaysian investigators in July offered no clear answers about what happened. plaintiffs sued under the Montreal Convention, an international treaty governing air transportation incidents, and various U.S. state laws.

Mary Schiavo, a lawyer for some of the plaintiffs, said in an email on Friday her clients were preparing for a June 2019 trial in Kuala Lumpur over the plane.

Malaysia Airlines, Boeing, their respective lawyers, and lawyers for other plaintiffs did not immediately respond to requests for comment.

The carrier was insured by Allianz's Global Corporate & Specialty SE unit, according to Wednesday's decision. Hugo Kidston, a spokesman for the unit, declined to comment.

The case is In re: Air Crash Over the Southern (NYSE:SO) Indian Ocean, on March 8, 2014, U.S. District Court, District of Columbia, No. 16-mc-01184.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.