Business Services Industry
Hotel firm sues for Sept. 11 losses.(News)(CDL Hotels (USA) Inc)(Brief Article)
Crain's New York Business, August, 2004
Byline: From Business Insurance, a Crain publication A hotel company is making a bid to recover millions of dollars in losses related to the Sept. 11 terrorist attacks for locations far removed from lower Manhattan. CDL Hotels (USA) Inc., a unit of London-based Millennium & Copthorne Hotels Plc, late last month filed suit in Manhattan federal court against Travelers Indemnity Co.
of Illinois. The suit charges Travelers with breaching its insurance contract by refusing to pay Sept. 11-related business interruption claims of Millennium hotels in New York, Boston, Boulder, Chicago, Los Angeles, Minneapolis and St. Louis. CDL argues that the shutdown of air traffic and other security measures imposed after the Sept. 11 attacks led to cancellations and lost...
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