"Boeing heads to federal court in Chicago on Thursday for a hearing related to wrongful-death litigation being brought by families of victims of the Ethiopian Airlines 737 MAX flight that crashed in March, killing all aboard.
Compensatory damages are based on factors such as lost income and grief. They can reach into the millions of dollars per case. Punitive damages can be up to 10 times the amount of a compensatory award. Seven crew members and 150 passengers died in the Ethiopian Airlines flight. Taking a $2 million compensatory damage award as an example, Boeing’s liability—including theoretical punitive damages—could reach $3 billion to $4 billion, based on the 157 deaths. The final number will likely be different, and the individual cases could take years to fully resolve."
barrons.com/articles/boeing-faces-a-hearing-in-a-civil-lawsuit-over-the-737-max-crash-51578483002