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Appeals Court Rules 9/11 Was Two Attacks

NEW YORK CITY-Silverstein to be awarded a total of $4.6 billion from insurers. All the money will be used to rebuild the area.

By Katie Hinderer | Updated on October 18, 2006

NEW YORK CITY-The second circuit court has upheld the jury verdict from December 2004 that ruled the events of Sept. 11 were two separate incidents and the insurance companies should treat them as such. This ruling means Larry Silverstein, president and CEO of Silverstein Properties, is owed $4.6 billion, a representative for Silverstein, tells GlobeSt.com.

In a statement, Silverstein says, “Over the past five years, the World Trade Center insurers have engaged in an all-out campaign to shirk their legal and moral obligation to honor their policies and help finance the rebuilding of the World Trade Center.”

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