Silverstein's WTC Insurance Strategy

Peter Slatin previews Larry Silverstein's fiery strategy to secure a $6.5 billion insurance payoff for the WTC site.
November 26, 2003, 5am PST | Chris Steins | @urbaninsight
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"In a Federal court decision that was ultimately decided on no less a date than September 11, 2001, the Ninth Circuit Court of Appeals in California ruled that a series of four courthouse fires set by the same man - three of them within minutes of each other - in Contra Costa County were four separate events rather than a single attack... In their efforts to sway jurisprudence, each side has commissioned painstaking engineering forensic studies to prove its case. But when the case goes to a jury trial, as is expected early next year, Silverstein and his lawyers, Wachtell, Lipton, Rosen & Katz will be counting on that bizarrely ironic legal precedent, as well as a combination of goodwill for the underdog and big-biz skepticism from the jury."

Thanks to Chris Steins

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Published on Tuesday, November 25, 2003 in The Slatin Report


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