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The agreement, which the insurers described as the largest single insurance settlement ever undertaken by the industry, ended a protracted legal battle with insurers over payouts related to the terrorist attack.
Developer Sues to Win $12.3 Billion in 9/11 Attack
(NewYorkTimes)-Larry A. Silverstein, who has won nearly $4.6 billion in insurance payments to cover his losses and help him rebuild at the World Trade Center site, is seeking $12.3 billion in damages from airlines and airport security companies for the 9/11 attack.
Mr. Silverstein, the developer of ground zero, sought the damages, whose amount was not previously known, in a claim filed in 2004, that says the airlines and airport security companies failed to prevent terrorists from hijacking the planes used to destroy the buildings.
Originally posted by Black_Fox
Mr. Silverstein, the developer of ground zero, sought the damages, whose amount was not previously known, in a claim filed in 2004, that says the airlines and airport security companies failed to prevent terrorists from hijacking the planes used to destroy the buildings.
Originally posted by tezzajw
Originally posted by Black_Fox
Mr. Silverstein, the developer of ground zero, sought the damages, whose amount was not previously known, in a claim filed in 2004, that says the airlines and airport security companies failed to prevent terrorists from hijacking the planes used to destroy the buildings.
What's going to happen in court when the defence lawyers point out that the planes were never positively identified as being the alleged flights AA11 and UA175?
What's going to happen in court when the defence lawyers will be asked why it took until 14 January 2002 to deregister AA11 and until 28 September 2005 to deregister UA175, despite a requirement that destroyed aircraft be deregistered within 24 hours?
It will prove to be one interesting court case, indeed...
Originally posted by ANOK
'Pull it', the other ones got bells on it..
Originally posted by saturnsrings
reply to post by MouseOnMars
Great topic MouseOnMars, have a flag for this thread.
I must say, this really should open some eyes, just follow the money, I know that's an old axiom, but it's true. Good ole Larry isn't the only one to benefit from the tragic events of 9/11. Defense contractors and oil companies did too, but those are another topic. I'll be checking this thread on a regular basis to see where this goes.
I don't think he is going to win that lawsuit
Originally posted by Karlhungis
reply to post by theskeptical1
The 12.3 billion dollar law suit should help though. Also, as was mentioned before, he saved millions if not more on the asbestos removal. I thought I heard before that the towers would need to be demolished soon, but that could have been a rumor.
Originally posted by ANOK
What's a few lives, to a class of people that send thousands to die in wars for their agendas, to help save his slice of the economy? You should really stop and think about these things before you simply dismiss what we're saying as BS.
Originally posted by theskeptical1
The 4 Billion Dollar Mr Silverstein got will not even cover the cost of him rebuilding it.
www.forbes.com...
Originally posted by MouseOnMars
I don't think you quite understand how much money 4.5 billion dollars really is. It's 4500 million dollars... thats enough money to buy a fleet of 30 fully armed F22 raptor jets.
Originally posted by Karlhungis
reply to post by theskeptical1
The 12.3 billion dollar law suit should help though. Also, as was mentioned before, he saved millions if not more on the asbestos removal. I thought I heard before that the towers would need to be demolished soon, but that could have been a rumor.
Originally posted by Swampfox46_1999
You do realize that only one-third of one tower had asbestos in it dont you?