TITLE

WTC attack deemed to be two events

AUTHOR(S)
O'Connor, Joanne
PUB. DATE
December 2004
SOURCE
Lawyer;12/13/2004, Vol. 18 Issue 48, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Wachtell Lipton Rosen & Katz last week secured major victory over the World Trade Center's insurers after a Jury ruled that the September attacks constituted two separate occurrences for insurance purposes. The jury handed down its verdict in this, the second insurance trial, last Monday after 11 days of deliberation. It was the first trial in which jurors were asked to decide whether the 11 September attacks could be considered as two separate occurrences for the purposes of insurance. The case involves the nine insurance carriers not bound by the WilProp form, a standard contract in the insurance industry.
ACCESSION #
15475719

 

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