Business Services Industry
Cleanup immunity sought; New York Mayor Bloomberg urges reform.(News)(Lawsuits arising from cleaning up after World Trade Center terrorist attacks )(Brief Article)
Business Insurance, April, 2003
Byline: MICHAEL PRINCE Lawsuits arising from cleaning up after the World Trade Center terrorist attacks could bankrupt New York City in the future, New York Mayor Michael Bloomberg testified before a federal commission investigating the Sept. 11, 2001, attacks. ``Personal injury claims regarding alleged long-term health damage could bankrupt our city over the next 20 years,'' the mayor told the National Commission on Terrorist Attacks upon the United States, which held a hearing Monday in New York.
Over 2,300 lawsuits have been filed against New York City arising from the cleanup of the World Trade Center site seeking an aggregate $12 billion in damages, according to Lawrence Kahn, chief litigating assistant in the New York City Law Department who also...
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