US: Court says suit can proceed over WTC tower collapse
The Port Authority of New York and New Jersey can be sued for negligence over the collapse of a World Trade Center building in the Sept. 11 attacks in 2001, a US appeals court ruled on Tuesday. The agency is one of the most prominent issuers in the $2.9 trillion municipal market. Its finances have been strained by the costly rebuilding of the World Trade Center complex.
The lawsuit centers on 7 World Trade Center, which was built just north of the World Trade Center site, above an existing Con Edison base station, the appeals court decision said. Consolidated Edison and its insurers had sued the Port Authority, owner of 7 World Trade Center, after the building collapsed in a maelstrom of fire on the afternoon of the Sept. 11, 2001, attacks. (Reuters)
