Legal Opinion
World Trade Center Properties LLC v. United Airlines, Inc.
District Court, S.D. New York
Decided September 4, 2012No. Nos. 21 MC 101(AKH), 08 Civ. 3719(AKH), 08 Civ. 3722(AKH)PublishedCited by 1 opinion
1Opinion of the Court
OPINION AND ORDER DENYING MOTION TO CREDIT INSURANCE RECOVERIES AGAINST POTENTIAL TORT RECOVERIES
ALVIN K. HELLERSTEIN, District Judge.
On July 16, 2001, plaintiffs World Trade Center Properties, LLC and affiliated companies (collectively “WTCP”) purchased 99-year leases to four World Trade Center buildings, Towers One, Two, Four, and Five, from the Port Authority of New York and New Jersey, Inc., the owner of the properties. Plaintiffs paid $2.805 billion. Two months later, the terrorist air crashes of September 11 caused the Twin Towers (Towers One and Two) to become raging infernos and…
2Cases cited5 opinions
- SR International Business Insurance v. World Trade Center Properties, LLCCourt of Appeals for the Second Circuit · 2006
- Oden v. Chemung County Industrial Development AgencyNew York Court of Appeals · 1995
- Fisher v. Qualico Contracting Corp.New York Court of Appeals · 2002
- James Turnbull and Karen Turnbull v. Usair, Inc.Court of Appeals for the Second Circuit · 1998
- In Re September 11th LitigationDistrict Court, S.D. New York · 2008
3Cited by1 opinion
- World Trade Center Properties LLC v. American Airlines, Inc.District Court, S.D. New York · 2012