Silverstein On Hot Seat At WTC Trial
By Michael Ha
NU Online News Service, March 18, 4 :45 p.m. EST, New York City–WTC leaseholder Larry Silverstein was banned from the courtroom and faced potential contempt of court charges today after insurance company attorneys complained that he violated a judge's gag order to not discuss the case in public.[@@]
U.S. District Court Judge Michael Mukasey said that he would rule on the contempt charges on March 22. However, before the contempt hearing even began, he announced that "there are some precautionary measures I will take."
He decided that "henceforth, Mr. Silverstein will not sit in the courtroom," and will have to rely on his representatives to keep him informed about the trial's progress. "I have to control people here in my courtroom," said the judge. "Apparently there is so much money at stake here, people are willing to do anything."
The lawyers for Mr. Silverstein urged the judge not to go on with the contempt hearing because of the danger of influencing jurors through negative publicity. Mr. Silverstein said on the stand that he had misunderstood the judge's instructions, and thought that on or around March 10, the gag order had been modified.
During a Ground Zero news conference on March 15, Mr. Silverstein criticized his insurers in the case for refusing to pay him the $7 billion that he says he deserves. "We're trying to get them to fulfill the responsibilities that we paid for when we paid the premiums on the policies," he told reporters. But, he added, "instead of getting insurance, we've got ourselves a massive amount of litigation."
Speaking at the new 7 World Trade Center building currently under construction, Mr. Silverstein also said rebuilding the WTC site would cost roughly $12 billion, much higher than some earlier estimates. "We're fighting hard with the insurance companies to achieve the money that's going to be necessary [to rebuild]," he said.
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