Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Legal
Deals
Earnings
Summits
Business Video
The Freeland File
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
India Insight
World Video
Reuters Investigates
Decoder
Politics
Politics Home
Election 2012
Issues 2012
Candidates 2012
Tales from the Trail
Political Punchlines
Supreme Court
Politics Video
Tech
Technology Home
MediaFile
Science
Tech Video
Tech Tonic
Opinion
Opinion Home
Chrystia Freeland
John Lloyd
Felix Salmon
Jack Shafer
David Rohde
Bernd Debusmann
Nader Mousavizadeh
Lucy P. Marcus
David Cay Johnston
Bethany McLean
Edward Hadas
Hugo Dixon
Ian Bremmer
Mohamed El-Erian
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Geraldine Fabrikant
Jack & Suzy Welch
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Breakingviews Video
Money
Money Home
Tax Break
Global Investing
MuniLand
Unstructured Finance
Linda Stern
Mark Miller
John Wasik
James Saft
Analyst Research
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Money Clip
Investing 201
Life
Health
Sports
Arts
Faithworld
Business Traveler
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Reuters TV
Reuters News
Article
Comments (0)
Video
Full Focus
Editor's choice
A selection of our best photos from the last 24 hours. Full Article
Images of January
Best photos of the year 2011
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Greeks clinch austerity deal, lenders skeptical
|
4:26pm EST
Obama birth-control rule stokes election-year fight
08 Feb 2012
Beatle's ex-wife says Piers Morgan heard hacked call
12:31pm EST
U.S. banks agree to $25 billion in homeowner help
|
3:06pm EST
West offers words, only, as Syria killing rages
|
2:52pm EST
Discussed
474
FBI warns of threat from anti-government extremists
196
Job growth seen slowing after holiday boost
148
House Speaker Boehner vows to stop Obama contraceptive rule
Watched
Huge baby shocks parents
Tue, Feb 7 2012
Has Iceland’s Nessie shown itself?
Wed, Feb 8 2012
Blizzards pound Japan
Wed, Feb 8 2012
Italy cruise lawsuits will force higher standards: lawyer
Tweet
Share this
Email
Print
Related News
Carnival cruise ship passengers struck with virus
Sun, Feb 5 2012
Italian authorities end search for cruise ship bodies
Tue, Jan 31 2012
Carnival cuts profit outlook, blames Italy wreck
Mon, Jan 30 2012
After the wreck, cruise ship crew hanker for the sea
Mon, Jan 30 2012
Salvage crews suspend work on capsized cruise ship
Sat, Jan 28 2012
Analysis & Opinion
Corporate Governance: proxy advisory guidelines and the shifting landscape of benchmarking executive compensation
Costa Concordia: An incredible tragedy
Related Topics
World »
Related Video
Costa Concordia ready for fuel pump
12:23pm EST
U.S. personal injury lawyer John Arthur Eaves Jr. poses in front of the Trevi fountain in Rome February 9, 2012. Eaves, who is representing some victims and survivors of the Costa Concordia cruise that ran aground off the west coast of Italy at Giglio island, is urging passengers to file individual lawsuits in the United States.
Credit: Reuters/Max Rossi
By Philip Pullella
ROME |
Thu Feb 9, 2012 1:56pm EST
ROME (Reuters) - Insurers stung by multi-million dollar claims over the Concordia shipwreck will demand higher safety standards from the cruise industry, a lawyer who will file suits this month against Carnival Corp for more than 70 plaintiffs said on Thursday.
"There are many ways of bringing about change. One is legislation, but the second one is private. In a pure capitalism world, if the insurance company has to pay more money for claims then they will have more (safety and training) requirements," said U.S. lawyer John Arthur Eaves.
Eaves represents clients from six countries and is urging other survivors and relatives of victims of the wreck of the Costa Concordia liner to sue the parent company in the United States rather than the subsidiary in Italy to increase compensation payments and help push through worldwide changes.
"By increasing the value of each claim, it makes the cruise industry take notice so that in the future they will invest more in training, in technology and they will cooperate with the proposed changes that we hope to make with the law," he told a news conference.
"We will focus on the practices of Carnival because we believe they set the industry standards and set the pace."
The first suits will be filed, most likely in Florida, in about two weeks, said Eaves, whose firm won compensation of some $2 million for each family of the 20 people who died when a U.S. military jet clipped a ski gondola cable in northern Italy in 1998. Carnival is based in Miami.
Eaves said the amount of money the ship's owner Costa Cruises had offered survivors was "disrespectful for people who had to go through a Titanic experience."
Costa last month offered about 11,000 euros ($14,600) to each of the more than 3,000 injured passengers who survived the wreck when the Concordia ran aground off the Tuscan island of Giglio and capsized on January 13.
The company blamed the ship's captain, Francesco Schettino, for the accident.
Schettino, who prosecutors say sailed too close to the island where it was torn open by rocks, is under house arrest on charges of multiple manslaughter, causing a shipwreck and abandoning ship.
Eaves said Carnival, the world's No. 1 cruise operator and Costa's parent, would survive the lawsuits.
"I don't think that under any situation this could cripple such a large and powerful company," he said.
Eaves, who has handled several shipwreck cases in the past, told a news conference that the "high value of American life should be applied to everyone," dismissing limits on compensation set in other countries as "unconscionable."
Some 17 people are known to have died and 15 are missing after the accident, a humiliation for the Italian passenger ship industry.
Eaves suggested that families of those who died should sue Carnival for between $1 million and $3 million and survivors should "not even begin negotiations for less than $100,000-$150,000."
Eaves is challenging Carnival's attempt to have the suits heard in Italy and be against Costa.
"We believe that Carnival was setting the culture, setting the industry practices, really running the show here and that is the reason that Carnival is responsible, independently of the Italian company," he said.
Carnival has said the disaster will wipe up to $175 million from its profits this year and warned of possible additional impact on the company later.
($1 = 0.7517 euros)
(Editing by Louise Ireland and Barry Moody)
World
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Support
Corrections
Advertise With Us
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
Copyright
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.