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World Trade Center Properties LLC et al v. Great Lake Reinsurance (UK) PLC et al
Case Number:
1:10-cv-01642
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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September 18, 2013
WTC Developers Can't Recover More Funds From Insurers
A New York federal judge on Wednesday ruled companies associated with World Trade Center developer Larry Silverstein can't recover money from a $1.2 billion settlement between their insurers and a host of airlines, saying the companies' losses in the Sept. 11 terrorist attacks have been covered by more than $4 billion in insurance payments.
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November 28, 2012
WTC Developers Must Establish Damages In 9/11 Insurance Row
A federal judge on Tuesday shot down a bid by World Trade Center developers to recover money from a $1.2 billion settlement between airlines and insurers over property damage from 9/11, saying they hadn't established there are any legally recoverable tort damages exceeding their insurance payout.
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March 19, 2012
Judge Doubts 'Double Recovery' Idea For WTC Developers
A New York federal judge said during a hearing Monday that he didn't think World Trade Center developers would be paid twice if they won a share of a $1.2 billion insurance settlement over property damage from 9/11.
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December 06, 2011
WTC Developers Can't Seek Double Recovery: Insurers
Several insurers asked a New York federal court Monday to rule against World Trade Center developers seeking cuts of a $1.2 billion insurance settlement over property damage from 9/11, arguing the developers already received their proceeds from the loss.