Larry Silverstein News

Court Gives WTC Developer Chance to Recoup More Money for Rebuilding

A federal appeals court has given the developer Larry Silverstein a new chance to recoup more money for rebuilding the World Trade Center site in New York, on top of the $4.1 billion of insurance proceeds he has received. The …

U.S. Supreme Court Rejects Sept. 11 Environmental Appeal

The U.S. Supreme Court on Monday declined to revive a New York real estate developer’s lawsuit against the leaseholder of the destroyed World Trade Center and two airlines seeking environmental cleanup costs related to the Sept. 11, 2001 hijacked airliner …

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 …

Silverstein Denied Right to Seek $3.5 Billion From Airlines

Real estate developer Larry Silverstein was denied the right to seek $3.5 billion from airlines whose planes were hijacked by terrorists and flown into the World Trade Center’s twin towers on Sept. 11, 2001. U.S. District Judge Alvin K. Hellerstein …

World Trade Center Developer Challenges Airline’s ‘Act of War’ Defense for 9/11 Attacks

The leaseholder of the World Trade Center properties is asking a U.S. federal judge to reject arguments that American Airlines is not liable for damages stemming from the Sept. 11, 2001 hijackings because the attacks were an act of war. …

United Airlines Not Liable for Alleged 9/11 Security Lapse: Judge

United Airlines bears no responsibility for suspected security lapses at a Maine airport, which allowed hijackers to board the American Airlines plane that crashed into one of the World Trade Center towers on Sept. 11, 2001, a federal judge ruled. …