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-0.000919963201471851 -0.00170850308844783 -0.00118280983046397 -0.0014456564594559 -0.00381127612038384 -0.00302273623340786 -0.00302273623340786 -0.00302273623340786
Stock impact report

World Trade Center developer loses final 9/11 lawsuit against insurer [Reuters]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Reuters
World Trade Center developer loses final 9/11 lawsuit against insurer | Reuters 2 Min Read NEW YORK, Aug 2 (Reuters) - A federal judge on Thursday rejected a lawsuit by the developer of New York’s World Trade Center seeking to take a $14 million cut of a settlement between its insurer and airlines over the Sept. 11, 2001, attacks. The ruling from U.S. District Judge Alvin Hellerstein in Manhattan dismissing the developer’s claims against QBE Insurance Group Ltd resolves the last remaining dispute in a sprawling litigation over liability from the deadly attacks. Scott Katz, a lawyer for QBE, declined to comment. Tyrone Childress, a lawyer for World Trade Center Properties LLC, could not immediately be reached. World Trade Center Properties and other entities affiliated with developer Larry Silverstein have already collected about $4.1 billion from insurers including QBE, according to court filings. The insurers, in turn, reached a $1.2 billion settlement in 2010 with aviation companies Show less Read more
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