NU Online News Service Oct. 15, 10:40 a.m. EDT
Plaintiffs in the litigation arising from the debris cleanup at the World Trade Center site following the Sept. 11, 2001 attacks have entered a settlement agreement with The Port Authority of New York and New Jersey, owner of the World Trade Center site.
Still subject to the approval of the Port Authority Board of Commissioners and the Governor's review, the Port Authority agreed to pay $47.5 million to settle claims of those plaintiffs who sued the Port Authority for injuries they sustained during the rescue, recovery and debris removal operations following the terrorist attacks of 9/11.
This compensation would be in addition to the compensation the plaintiffs are eligible to receive under the agreement their counsel reached with New York City and its contractors, worth up to $712.5 million.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.