Thursday, August 8, 2013

World Trade Towers Owner Loses Bid to Cash in Twice

http://americanfreepress.net/?p=12038#more-12038

• Lucky Larry’ Silverstein denied right to double compensation
Larry A. Silverstein, who became the primary lease holder of the World Trade Center (WTC) complex just weeks before it was destroyed during the 9-11 terrorist attack, recently lost a bid to recover over $3.5B from American Airlines and United Airlines.
Silverstein has already received $4.55B in an insurance settlement as a result of the WTC complex’s destruction; however, he had been seeking much more in his effort to ostensibly rebuild the complex.  Had Silverstein been awarded damages from the airline companies, he would have received over 2 ½ times the value of the buildings the day they fell, according to the airlines’ attorneys.
- See more at: http://americanfreepress.net/?p=12038#more-12038

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