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By John Ashcroft Institute for Constitutional Studies

Kansas City area aviation law firm Robb and Robb wins $15 million settlement from 2006 plane crash near Chicago in which an amateur pilot employed with Morgan Stanley nose dived the plane as it approached for landing. Kansas City Business Journal. Decedent was prominent restauranteur in Chicago area. "Waugh was flying in a private jet when its amateur pilot, who had been cleared to land in Chicago, stalled and took a nosedive, killing all four passengers aboard. The pilot was a senior financial adviser for Morgan Stanley. The Waugh family accused Morgan Stanley of having deficient internal policies for letting nonprofessional pilots fly private jets to transport the financial institution?s customers. ?Our investigation revealed that no other financial institution of comparable size permits its employees who are amateur pilots to fly clients around on company business,? Gary Robb, a partner with Robb & Robb LLC in Kansas City, said in a written statement. ?We commend Morgan Stanley for changing this policy such that this kind of tragedy can never occur again.?"

Full post as published by Showmeblawgs on September 06, 2009 (boomark / email).