Builders Split Liability In $22M Accident At Goldman Sachs
By Jack Queen (August 28, 2019, 7:09 PM EDT) -- A New York federal judge assigned roughly equal blame to four construction companies for a crane accident at Goldman Sachs' headquarters that left an architect paralyzed and led to $22 million in settlements.
U.S. District Judge Loretta A. Preska's ruling on Tuesday means that a group of insurers, including Underwriters at Lloyd's of London, will be on the hook for roughly three-quarters of the cost, and Continental Insurance Agency Inc. will be responsible for the rest.
The order stems from years of litigation among construction companies and insurance and excess insurance providers over how to apportion blame for the 2007 accident....
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