Airlines Denied Win In Lessee's Suit Over 9/11 Destruction

Law360, Chicago (December 4, 2012, 3:23 PM EST) -- American Airlines Inc. and other air carriers lost their summary judgment bid Monday in the 7 World Trade Center lessee's suit over the 9/11 attacks, with a federal judge saying the issue of whether the lessee's $831 million insurance recovery offsets the tort recoveries it seeks requires a trial.

U.S. District Judge Alvin K. Hellerstein found that 7 World Trade Co. LP's insurance recovery "does not perfectly correspond" to the aviation companies' potential tort liability in the case, in part because the insurance payment included compensation...
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