The Boeing Company has announced the creation of a new Compensation Fund, the Boeing Financial Assistance Fund (the "BFAF")
to provide compensation to the families of the victims of the Lion Air Flight 610 and Ethiopian Airways Flight 302 accidents.
Link to Press Release Boeing has retained Kenneth R. Feinberg and Camille S. Biros to serve as independent Administrators
to design the protocol and eligibility criteria of the BFAF and to begin work distributing the Fund effective September 23, 2019.
Mr. Feinberg and Ms. Biros designed and administered the September 11th Victim Compensation Fund of 2001, the Gulf Coast Claims
Facility related to the Deepwater Horizon Oil Spill in 2010, the OneFund Boston 2013 Victim Relief Fund, the OneOrlando Fund,
among many others.
The key features of the BFAF are as follows:
Participants in the Fund will not be required to waive or release the right to litigate as a condition of participation. The BFAF is separate and apart from any such litigation. The BFAF is purely voluntary; no individual is required to participate.
The Fund will be distributed pro rata. All eligible claimants will receive the same amount of money from the BFAF. These funds must then be distributed to all eligible heirs and beneficiaries pursuant to the estate law of the victim’s domicile.
Claim packets including the Claim Form will be distributed to all victims’ families beginning on September 23, 2019. All eligible claimants will need to provide contact information, and documentary evidence that the individual filing the claim is
legally authorized to act as the Legal Representative of the victim’s estate according to the estate law of the victim’s domicile. Only one Claim Form submitted by the legally authorized representative for each family should be submitted.
The Protocol, FAQs, and other Fund Information are available on this website.
Eligible claims will be paid within ten days from the time that a submitted claim is deemed eligible and all required documentation has been received.
The effective date of the BFAF is September 23, 2019. All claims submitted to the Administrators must be postmarked no later than December 31, 2019.