World Trade Center insurance lawsuits News

Port Authority Wrestles with World Trade Center Financing

The Port Authority of New York and New Jersey’s failure to agree to a loan guarantee for World Trade Center site developer Larry Silverstein shows agency leaders are wrestling over its direction as they seek to fix the dysfunction exposed …

Court Shields Developers From Terrorism-Related Damages in 9/11 Case

A federal appeals court in New York has given developers and builders of high-rises and other buildings added protection from lawsuits over property losses linked to terrorism, in a case stemming from the Sept. 11, 2001 attacks. A divided panel …

Commentary: ‘Prevention Is Better Than Cure’ in Property Insurance Disputes

Although the notion of a binding agreement between two parties dates back to ancient times, the doctrine of contracts has evolved through the years to meet the needs of modern times. In 1911, Judge Learned Hand defined this legal principal: …