Silverstein Will Appeal Judge’s Sept. 25 WTC Ruling

September 27, 2002

World Trade Center leaseholder Larry Silverstein, who has argued that the Sept. 11, 2001 attacks on the property were two occurrences, has informed Judge John Martin that he will appeal a Sept. 25 ruling involving insurers’ Hartford Fire Insurance Co., Royal Indemnity Co. and St. Paul Fire & Marine Insurance Co., according to a Dow Jones report.

Martin ruled that day that the three insurers of the more than 20 involved would be able to deem the terrorist attacks as a single event, resulting in only a single payment to Silverstein. The difference between a single payment and two is several billion dollars.

In a related development, Silverstein has asked that a scheduled November trial be moved to next spring.

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