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But the figure inflated many black employees' expectations of what an equitable settlement would be.
"Our first priority is to have a fair and equitable settlement for all the victims.
It expressed his desire for a general amnesty, liberty of conscience, an equitable settlement of land disputes, and full payment of arrears to the army.
"The reality is that it would be naïve to think that every victim would be interested in reaching a just and equitable settlement without trial," Mr. Smith said.
"We have always felt this was a fair and equitable settlement," John R. Stafford, the company's chairman and chief executive, said in a statement.
"Now that the foreign equity has been consolidated in one place, we can negotiate a fair and equitable settlement and get the plant started," the Bechtel spokesman said.
Similar(40)
Members of the Democratic Youth Federation of India (DYFI) along with Kasargod MP P Karunkaran staged a protest on 8 September 2010 at the airline's office in Mangalore where they submitted a memorandum to officials demanding that families of the victims receive early and equitable settlements of compensation due.
In Hollywood, an equitable divorce settlement means each party getting 50% of publicity.
A statement by Ms. Regan and News Corporation issued Friday described an "equitable, confidential settlement, with no admission of liability by any party".
"The aim was to bring to power a government which would reach an equitable oil settlement, enabling Iran to become economically sound and financially solvent, and which would vigorously prosecute the dangerously strong Communist Party".
"The parties are pleased that they have reached an equitable, confidential settlement, with no admission of liability by any party," according to a joint statement issued at the time.
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