Amtrak faces $95 million hit as Congress celebrates new highway bill
from the WaPo:
The new highway bill being celebrated on Capitol Hill could cost Amtrak $95 million and may delay the settlement of claims made by victims of a fatal Amtrak derailment in Philadelphia this year.
The new law increases a cap on payments a railroad can make to accident victims from $200 million to $295 million. It makes the higher limit retroactive, a nod to the families of eight people killed and more than 200 injured 11 of them critically in the May 12 derailment of an Amtrak train bound from Washington to New York.
There are two of my clients with medical bills that exceed $1 million already and are approaching or have hit $2 million, said Robert Mongeluzzi, a lawyer in Philadelphia. He says its too early to know for certain, but based upon the extent of the damage that we know, the number of dead and the number of catastrophically injured, we believe [the claims] will exceed the $295 million cap.
The crash has resulted in 98 cases filed against Amtrak, with more said to be coming. Some lawyers question whether Amtrak will challenge Congresss decision to make the cap increase retroactive. ...............(more)
https://www.washingtonpost.com/local/trafficandcommuting/amtrak-faces-95-million-hit-as-congress-celebrates-new-highway-bill/2015/12/10/1a33379c-9a8f-11e5-8917-653b65c809eb_story.html