8:21am 09/11/04
World Trade Center lawsuits filed ahead of deadline (AMR, UALAQ) By Mike Maynard
WASHINGTON (CBS.MW) -- A pair of last-minute lawsuits growing out the Sept. 11, 2001, suicide attack on New York's World Trade Center in which nearly 3,000 people died coincide with the attack's third anniversary. The Port Authority of New York and New Jersey, the agency that owned the World Trade Center site, said it will join as a plaintiff in a suit filed a week ago by bond-trading firm Cantor Fitzgerald, which is suing Saudi Arabia among nearly 100 defendants including Osama bin Laden, fugitive leader of terrorist group al-Qaida. Eighty-four Port Authority workers died in the attack, in which two-thirds of Cantor Fitzgerald's employees were killed. In the second suit, Australia-based QBE International Insurance and some Lloyd's of London underwriters are taking American Airlines (AMR) and United Airlines (UALAQ) to court, seeking more than $300 million from each carrier over negligence that they contend led to the jet hijackings. The lawsuits were filed in federal court ahead of a three-year statute of limitations deadline that goes into effect today.
World Trade Center lawsuits filed ahead of deadline (AMR, UALAQ) By Mike Maynard
WASHINGTON (CBS.MW) -- A pair of last-minute lawsuits growing out the Sept. 11, 2001, suicide attack on New York's World Trade Center in which nearly 3,000 people died coincide with the attack's third anniversary. The Port Authority of New York and New Jersey, the agency that owned the World Trade Center site, said it will join as a plaintiff in a suit filed a week ago by bond-trading firm Cantor Fitzgerald, which is suing Saudi Arabia among nearly 100 defendants including Osama bin Laden, fugitive leader of terrorist group al-Qaida. Eighty-four Port Authority workers died in the attack, in which two-thirds of Cantor Fitzgerald's employees were killed. In the second suit, Australia-based QBE International Insurance and some Lloyd's of London underwriters are taking American Airlines (AMR) and United Airlines (UALAQ) to court, seeking more than $300 million from each carrier over negligence that they contend led to the jet hijackings. The lawsuits were filed in federal court ahead of a three-year statute of limitations deadline that goes into effect today.