Did WTC Owner Larry Silverstein Just Make Another $1.2 Billion From 9/11?
Larry Silverstein has won another court case and potentially hundreds-of-millions of more dollars due to the demolitions of 3 World Trade Center buildings on 9/11.
This article was originally posted at All Gov, with the bold added by myself:
The plaintiffs in the case are the owners of the World Trade Center and numerous insurance companies. They had originally sought $4.4 billion from the airlines and security companies
It would be interesting now to find out exactly which "numerous insurance companies" benefitted from this lawsuit with Larry Silverstein; and if they were the same insurance companies that were sued by Larry Silverstein in years prior.
For more context and background in general here are some entries from the Complete 9/11 Timeline.
- Industrial Risk Insurers agrees to make a full payment under its $861 million policy for the loss of World Trade Center Building 7, a 47- story office building which completely collapsed late in the afternoon of 9/11.
- Insurance companies reach a $2 billion settlement with real estate development and investment firm Silverstein Properties for the destruction of the World Trade Center on 9/11. The agreement, which involves seven of the two-dozen insurers for the WTC, ends more than five years of legal wrangling. The other insurance companies involved have already paid out about $2.55 billion, meaning the total payout will be $4.55 billion
- It is revealed that Larry Silverstein, the developer of Ground Zero, is seeking $12.3 billion in damages from airlines and airport security companies for the attacks on 9/11. Silverstein sought the damages in a claim filed in 2004, alleging that the companies failed to prevent the hijackers from taking over the planes that destroyed the World Trade Center buildings.