Judge OKs $713M Settlement For WTC Rescue Workers

Law360, New York (June 10, 2010, 7:13 PM EDT) -- A federal judge has blessed a revised settlement providing up to $712.5 million from the WTC Captive Insurance Co. to more than 10,000 rescue and recovery workers who were allegedly injured in responding to the 9/11 attacks, calling the agreement “a very good deal.”

Judge Alvin K. Hellerstein gave a preliminary sign-off to the agreement Thursday in the U.S. District Court for the Southern District of New York, praising the efforts of counsel to extract $125 million more for claimants from insurers and plaintiffs' lawyers than...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.