(no subject)

[theweaselking]

The World Trade Center leaseholder has won a court victory over his insurers as he attempts to rebuild the site.

A New York jury has decided that the 11 September 2001 attack on the two towers constituted two separate events.

The US District Court ruling means Larry Silverstein could now get an extra $1.1bn (£0.56bn) from nine insurers to finance reconstruction.

He has been fighting the insurance companies, arguing he was owed $7bn (£3.6bn) - double his $3.5bn policy.

The firms had argued at the District Court for the Southern District of New York that the twin strikes on the trade centre were part of a single, continuous, planned attack.

Comments

[larabeaton.livejournal.com]

I found it very interesting that Silverstein only took out insurance on the WTC in July 2001. Must be one of those coincidences.

[theweaselking.livejournal.com]

I love that article. I must now link!