World Trade Center Developer Silverstein’s Suit Dismissed
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Real estate developer Larry Silverstein can’t recoup any of the $1.2 billion recovered by World Trade Center insurers in settlements with airlines and airport security companies over the Sept. 11, 2001, terrorist attack that destroyed the office complex, a judge ruled.
U.S. District Judge Alvin Hellerstein in Manhattan yesterday dismissed a suit by several companies associated with Silverstein against QBE Insurance (Europe) Ltd., Industrial Risk Insurers and three Lloyds of London syndicates.