WTC Operator, AMR Agree To Let 9/11 Suit Move Forward
By Keith Goldberg
Law360, New York (February 03, 2012, 8:33 PM ET) -- World Trade Center operator Silverstein Properties Inc. reached an agreement Thursday with American Airlines Inc. parent AMR Corp. allowing Silverstein to pursue claims against the bankrupt company alleging it failed to prevent the 9/11 attacks, but only within the confines of AMR’s insurance coverage.
Pending litigation against AMR was automatically stayed when the airline filed for Chapter 11 in November. However, AMR and Silverstein agreed Thursday to allow Silverstein to pursue injury or damage claims against AMR solely to the extent of the company’s available and...