IN RE SEPTEMBER 11 LITIGATION

Nos. 21 MC 101(AKH), 10 Civ. 1642.

906 F.Supp.2d 295 (2012)

In re SEPTEMBER 11 LITIGATION. World Trade Center Properties LLC, 1 World Trade Center LLC, 2 World Trade Center LLC, 3 World Trade Center LLC and 4 World Trade Center LLC, Plaintiffs, v. Certain Underwriters at Lloyd's, London Syndicates Numbered 1212, 79 and 2791, QBE Insurance (Europe) Ltd. f/k/a QBE International Insurance Ltd. and Industrial Risk Insurers, Defendants.

United States District Court, S.D. New York.

November 27, 2012.


Attorney(s) appearing for the Case

Derek Todd Smith, Zafer Adem Akin, Akin & Smith, LLC, Dale Christian Christensen, Jr., Seward & Kissel LLP, Douglas J. Pepe, Gregory P. Joseph Law Offices LLC, David Jaroslawicz, Jaroslawicz & Jaros, LLC, Robert Joseph Tolchin, Robert J. Tolchin, Esq., David John Przygoda, Ropes & Gray, LLP, Frank H. Granito, III, Speiser, Krause, Nolan and Granito, Bruce M. Friedman, Paul Fredric Kovner, Rubin, Fiorella & Friedman, L.L.P., Charles Edward Joseph, Joseph, Herzfeld, Hester, & Kirschenbaum, Christopher Bruce Hitchcock, Hitchcock & Cummings LLC, Philip L. Guarino, Phillips Nizer LLP, Jay B. Spievack. Cohen Tauber Spievack & Wagner, P.C., Anthony Labozzetta, Anthony Labozzetta Esq., Gregory P. Joseph, Gregory P. Joseph Law Office LLC, Kymberly Kochis, Nelson Levine De Luca & Hamilton, Stephen Mortimer Marcusa, Bigham, Englar, Jones & Houston, Marina A. Spinner, Frank M. Nicoletti, Nicoletti, Gonson, Spinner & Owen, LLP, Mark Leigh Antin, Stanley Walter Kallmann, Gennet, Kallmann, Antin & Robinson, P.C., Alexander Fellows Powell, Andrew John Scholz, Jason Todd Cohen, Richard Arthur Williamson, Thomas A. Egan, Flemming, Zulack, Williamson, Zauderer, LLP, Sari E. Kolatch, Cohen, Tauber, Spievack & Wagner, P.C., New York, NY, Jemi Goulian Lucey, Jane J. Felton, Greenbaum, Rowe, Smith & Davis LLP, Iselin, NJ, Jennifer E. Shafer, Kristopher E. Kuehn, James M. Warden, Walden Triplett Grier, Overland Park, KS, Kenneth W. Erickson, Matthew M. Burke, Robert A. Skinner, Ropes & Gray LLP, Boston, MA, Robert J. Bates, Robert J. Bates, Esq., Westwood, NJ, Michael Sukhman, Frenkel Sukhman, LLP, White Plains, NY, Thaniel James Beinert, The Law Office of Thaniel J. Beinert and Associates, Brooklyn, NY, Carol M. Rooney, Paul B. Butler, Scott S. Katz, Butler, Pappas, Weihmuller, Katz, Craig, LLP, Tampa, FL, Kimberly M. Collins, Robert A. Clifford, Timothy S. Tomasik, Clifford Law Offices, P.C., Robert J. Bates, Bates & Carey, LLP, Chicago, IL, Catherine M. Colinvaux, Zelle, Hofmann, Voelbel, Mason & Gette, L.L.P., Waltham, MA, H. Jerome Gette, M. Anthony Parsons, II, Steven J. Badger, John B. Massopust, Zelle, Hofmann, Voelbel & Gette, Dallas, TX, James S. Reece, Zelle, Hofmann, Voelbel, Mason & Gette, LLP, Minneapolis, MN, Michael Joseph Kuckelman, Pleasantville, NY, Franklin Michael Sachs, Greenbaum, Rowe, Smith & Davis LLP, Woodbridge, NJ, Jennifer L. Beidel, John F. Stoviak, Shiloh D. Theberge, Timothy W. Callahan, II, Patrick M. Hromisin, Saul Ewing LLP, Philadelphia, PA, Mary F. Schiavo, Vincent Ian Parrett, Motley Rice LLC, Mount Pleasant, SC, for Plaintiffs.

Desmond Thomas Barry, Jr., Condon and Forsyth LLP, James Patrick Connors, Jones Hirsch Connors & Bull P.C., Peter James Gallagher, Kennedy Johnson Gallagher, LLC, Derek Adam McNally, Johnson, Gallagher Magliery LLC, Jacqueline Keller, Rubin, Fiorella & Friedman, L.L.P., Kevin J. O'Neill, Gogick, Byrne & O'Neill, L.L.P., John J. McDonough, Cozen O'Connor, Timothy Joseph Keane, Anoushka Sharifi Bayley, Brian Patrick Sexton, Jeffrey J. Ellis, Loretta Anne Redmond, Quirk and Bakalor, P.C., Willard Mark Wood, John L. Altieri, Jr., O'Melveny & Myers LLP, Beth D. Jacob, Paul Andrew Scrudato, Donald Allen Klein, Schiff Hardin LLP, Megan Lee, Offices of Milton H. Pachter, Timothy Gerard Stickelman, The Port Authority of New York and New Jersey, H. Christopher Boehning, Robert A. Atkins, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Katherine Lindsay Pringle, Eric Jonathan Seiler, Heather Jo Windt, Friedman, Kaplan, Seiler & Adelman, LLP, Christopher P. Moore, Cleary, Gottlieb, Steen & Hamilton, LLP, Melissa Tabako Billig, Robert Alan Banner, Ingram, Yuzek, Gainen, Carroll & Bertolotti, LLP, Stephen Paul Schreckinger, Gogick, Byrne & O'Neil, LLP, David Moore Lindsey, Chaffetz Lindsey LLP, James Milton Hosking, Clifford Chance US, LLP, Daniel John McNamara, DeCicco, Gibbons & McNamara, P.C., Carol A. Sigmond, Dunnington, Bartholow & Miller, LLP, Kenneth George Schwarz, Fischbein, Badillo, Wagner & Harding, Michael Thomas Rogers, Vashali Maria Aggarwal, Wasserman, Grubin & Rogers, LLP, Chad Everette Sjoquist, Zetlin & De Chiara, LLP, Thomas V. Giordano, Zeynel Karcioglu, Esq., Mark Joseph Weber, Mound, Cotton, Wollan & Greengrass, New York, NY, T. Patrick Byrnes, Locke Lord LLP, Adam Randall Sorkin, Shiff Hardin LLP, Chicago, IL, Johnathan Jeffrey Ross, Susman Godfrey LLP, Houston, TX, Bruce Richard Wildermuth, Alexis M. Dougherty, Edward James McMurrer, Ralph Vincent Pagano, Mendes & Mount, LLP, Newark, NJ, Kimberly A. Donlon, Kimberly A. Donlon, Attorney At Law, Beverly, MA, Johnathan Jeffrey Ross, H. Lee Godfrey, Laurie Gallun, Max Tribble, Susman Godfrey LLP, Houston, TX, Edwin W. Green, Ed Green Attorney at Law, Breckenridge, CO, Dennis M. O'Hara, Jason A. Glusman, Robert C. Bauroth, Wicker, Smith, O'Hara, McCoy, Graham & Ford, P.A., Ft. Lauderdale, FL, Jeffrey W. Moryan, Connell Foley LLP, Roseland, NJ, Kathleen Marie Guilfoyle, Kurt Bernard Gerstner, Richard Paul Campbell, Campbell Campbell Edwards & Conroy, Boston, MA, Sarah D. Youngblood, Schiff Hardin LLP, San Francisco, CA, Leah Ward Sears, Schiff Hardin LLP, Atlanta, GA, Mack H. Shultz, Jr., Steven C. Minson, Thomas Jeffrey McLaughlin, Todd W. Rosencrans, Perkins Coie LLP, Seattle, WA, David A. Harrison, Lieben, Whitted, Houghton, Slowiaczek & Cavanagh, P.C., L.L., Omaha, NE, Anita B. Weinstein, Cozen O'Connor, Philadelphia, PA, Daniel W. Morrison, III, Michael P. Benenati, Bleakley Piatt & Schmidt, LLP, White Plains, NY, for Defendants.


ORDER AND OPINION DENYING MTIONS FOR SUMMARY JUDMENT: RECOVERABLE TORT DAMAGES MUST EXCEED ISURANCE RECOVERY, AND COPARISONS PRESENT ISSUES OF FACT TO BE TRIED

ALVIN K. HELLERSTEIN, District Judge.

I. INTRODUCTION

After the terrorist-related aircraft crashes of September 11, 2001 destroyed the World Trade Center buildings to which Plaintiffs held leasehold interests, Defendants made insurance...

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