VoyForums
[ Show ]
Support VoyForums
[ Shrink ]
VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, [3], 4 ]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 16:25:51 12/06/04 Mon
Author: bfny
Subject: my client just won $1.1 billion!

A jury just ruled that the destruction of the WTC was two occurrences for insurance purposes - and that the nine insurers in this trial have to pony up a double payment to the leaseholder, my client, Larry Silverstein. It was really cool in that I was actually the first person to get the news to him. Here's the statement we released (I like it)

FROM: World Trade Center Properties LLC

Statement from Larry A. Silverstein
Regarding Verdict in WTC Insurance Trial

New York (December 6, 2004) – “I am thrilled with today's victory. But this is a win for all New Yorkers. Today’s decision means an additional billion dollars of insurance proceeds will be available, which, together with Liberty Bonds, will ensure a timely and complete rebuild of the World Trade Center. I strongly felt, and the jury agreed, that the destruction of the Twin Towers by two separate airplanes at two separate times was two separate occurrences and that these insurers have an obligation to pay their fair share to help make Lower Manhattan whole again.

“Everyone involved in the World Trade Center is determined to rebuild to the highest possible standards, and we have made amazing progress over the past three years. We topped out at 7 World Trade Center ahead of schedule and will have a completed building by the beginning of 2006. We laid the cornerstone of the Freedom Tower in a moving ceremony on July 4th, and nothing will deter us from our important mission.”

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

[ Contact Forum Admin ]

Forum timezone: GMT-8
VF Version: 3.00b, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2019 Voyager Info-Systems. All Rights Reserved.