2nd Circ. Lets Citigroup Off Hook For 9/11 Legal Fees

Law360, New York (August 7, 2012, 1:30 PM EDT) -- Citigroup Inc., the primary tenant of a Manhattan skyscraper that collapsed on Sept. 11, does not have to pay the legal fees of the building’s owner in insurance litigation stemming from the terrorist attacks, the Second Circuit ruled Tuesday.

A three-judge panel affirmed a September 2010 ruling dismissing an indemnification suit by the Port Authority of New York and New Jersey, the owner of 7 World Trade Center. The building collapsed on the afternoon of Sept. 11 after it was set on fire by debris from...
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.