# Judge Rules WTC Terror Is One Event 

_News_

Canonical: https://www.claimspages.com/news/i952/

A federal trial judge, in a final ruling, today agreed with three World Trade Center insurers that the terrorists‘ destruction of the buildings constituted one attack worth $3.5 billion, not a $7 billion multiple event as the landlord contended.

U.S. District Court Judge John S. Martin Jr., in Manhattan, granted summary judgment to the insurers based on their "one-occurrence" argument. The ruling is appealable.

In a statement, Silverstein Properties said in response, "Obviously, we disagree with the ruling and will consider an appeal at the appropriate time. 

"However, these three insurers coverage amounts to a total of approximately $112 million, so that limiting these insurers to a single occurrence does not have a material effect on the overall amounts of $6.7 billion that will be recovered in the litigation."

Sources:
- National Underwriter (http://www.nationalunderwriter.com/pandc/hotnews/viewPC.asp?article=9_25_02_15_6658.xml)