ConEd To Recoup $17.6 M Over 9/11 Damage

Law360, New York (July 28, 2009, 4:33 PM EDT) -- A federal judge has ordered the Port Authority of New York and New Jersey to fork over $17.6 million to Consolidated Edison Inc. and its insurers over property damage at 7 World Trade Center from the Sept. 11 attacks, on top of the $20 million that has already been advanced to rebuild the destroyed substation.

On Monday, U.S. District Judge Alvin Hellerstein ordered the Port Authority, which owns the World Trade Center site, to shell out the remaining balance on the $37 million ConEd claim while...
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