World Trade Center News

Models for Explosions from Terrorist Attacks Could Reduce the Carnage

While catastrophic event models mainly focus on weather related events, the world also has to cope with catastrophic terrorist acts, particularly those caused by explosive devices placed in areas where they will cause the most damage and kill the most …

U.S. Supreme Court Rejects Sept. 11 Environmental Appeal

The U.S. Supreme Court on Monday declined to revive a New York real estate developer’s lawsuit against the leaseholder of the destroyed World Trade Center and two airlines seeking environmental cleanup costs related to the Sept. 11, 2001 hijacked airliner …

9/11 Responders Urged to Register for N.Y. Workers’ Comp Benefits

Elected officials and union activists in New York are urging Sept. 11 responders to sign up for New York worker compensation benefits. They say that those who worked around the World Trade Center site should enroll with the state Workers …

U.S. Appeals Court Revives WTC Cleanup Workers’ Health Claims

A federal appeals court in New York has revived claims by 211 cleanup workers who sought compensation for their alleged exposure to toxic contaminants in buildings near the World Trade Center site after the Sept. 11, 2001, attacks. The 2nd …

Port Authority Approves Financing Deal to Finish 3 World Trade Center Tower

The Port Authority of New York and New Jersey approved a financing agreement for Larry Silverstein’s 3 World Trade Center that allows him to use $159 million of insurance proceeds to expedite construction. The agreement, which alters a 2010 deal …

Federal Appeals Court Rules Bonus Payout for WTC Site Workers Premature

A judge acted prematurely in awarding a $55 million bonus payment to thousands of rescue and cleanup workers at the World Trade Center site who settled lawsuits against New York City over damage to their health, a federal appeals court …

Court Exempts Airlines from Developer’s Sept. 11 Environmental Claim

American Airlines, United Airlines and the World Trade Center leaseholder do not have to pay a property developer environmental cleanup costs from the Sept. 11, 2001 hijacked plane attacks, a U.S. appeals court ruled on Friday. The 2nd U.S Circuit …

Financial Services Firm Cantor Fitzgerald Announces $135M Sept. 11 Settlement

Financial services firm Cantor Fitzgerald, which lost nearly two-thirds of its employees in the Sept. 11, 2001 attacks against the U.S., revealed a $135 million settlement with American Airlines and insurance carriers Tuesday to a judge who said the deal …

Cantor Fitzgerald, American Airlines Settle 9/11 Lawsuit

Cantor Fitzgerald has agreed to settle a lawsuit against American Airlines Group Inc and its insurers over business and property losses stemming from the Sept. 11, 2001, attacks on the World Trade Center, in which the Wall Street company lost …

World Trade Center Developer Challenges Airline’s ‘Act of War’ Defense for 9/11 Attacks

The leaseholder of the World Trade Center properties is asking a U.S. federal judge to reject arguments that American Airlines is not liable for damages stemming from the Sept. 11, 2001 hijackings because the attacks were an act of war. …