Lloyd’s of London syndicate drops 9/11 lawsuit against Saudi groups

A Lloyd’s of London syndicate has dropped without explanation its suit seeking more than $215 million from the government, banks and charities in Saudi Arabia. In it, Lloyd’s syndicate 3500 sought to recover the amount it says was paid on behalf of aviation and other policyholders to families of the Sept. 11, 2001, terror attacks in the U.S. The lawsuit alleged that without sponsorship from the defendants, al-Qaida would not have had the capacity to plan and execute the attacks..”