2nd Circuit Affirms Dismissal Of Indemnification Claim Arising From WTC Collapse

2nd Circuit Affirms Dismissal Of Indemnification Claim Arising From WTC Collapse

NEW YORK - The Second Circuit U.S. Court of Appeals on Aug. 7 affirmed a lower federal court's ruling that Citigroup Inc. has no duty to indemnify the Port Authority of New York and New Jersey for claims related to the collapse of 7 World Trade Center following the Sept. 11 terrorist attacks (In re September 11 Property Damage and Business Loss Litigation,  No. 10-3941-cv, 2nd Cir.; 2012 U.S. App. LEXIS 16341).

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