A legal crisis for Boeing (BA) that looked like it was nearly over now hangs in the balance as the company’s financial crisis deepens, adding yet another layer of uncertainty to the plane maker’s recovery efforts.
A federal judge in Texas is weighing whether to approve a plea deal Boeing reached with the Justice Department in July, when the company agreed to plead guilty to misleading FAA regulators before two 737 MAX fatal crashes at the end of last decade.
Boeing and DOJ lawyers last Friday urged federal District Court Judge Reed O’Connor to sign off on the agreement, which is being opposed by family members of the crash victims.
The families want the agreement thrown out in favor of a trial and bigger fines. Boeing has agreed to pay $487 million, including a credit for roughly $243 million in fines already paid.
On Tuesday O’Connor ordered Boeing to file more court documents to…
