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2nd Circ. Nixes $2.8B Loss Valuation In 9/11 WTC Lease Row

By Brandon Lowrey (September 17, 2015, 8:25 PM EDT) -- The Second Circuit on Thursday overturned a New York federal judge's decision setting a $2.8 billion loss value to leases of buildings ruined in the 9/11 terrorist attacks, saying the lower court erroneously assumed the leases were rendered worthless when in fact their value became negative, making the losses potentially far higher....

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