Litigation

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2nd Circuit: $5M Contingent Payment Pursuant To Sept. 11 Settlement Not Triggered
Posted on 9 Jun 2014 by Jennifer Hans

NEW YORK — (Mealey’s) The Second Circuit U.S. Court of Appeals on June 9 found that a lower federal court erred in ordering the WTC Captive Insurance Co. Inc. to make a $5 million first contingent payment pursuant to the settlement of personal... Read More

Tags: New York , Sept. 11 , 2001 , toxic torts , personal injury , Catastrophic Loss , World Trade Center , Litigation , Federal Emergency Management Agency , Insurance , FEMA , terrorist attacks , In re: World Trade Center Disaster Site Litigation , Settlement , WTC Captive Insurance Co. , Second Circuit U.S. Court of Appeals , 9-11