InfoAnda - Most Settle In 9/11 World Trade Center Lawsuit

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Home U.S. World Entertainment Sports Business Health Science Technology Politics Offbeat Environment Travel Most Settle In 9/11 World Trade Center Lawsuit Republish Email Facebook Digg Twitter Buzz Up! Share November 22, 2010 9:29 a.m. EST Topics: emergency incident, disaster and accident, unrest, conflicts and war, act of terror, health, United States Ayinde O. Chase - AHN News Editor New York, NY, United States (AHN) - Over 95 percent of plaintiffs in the World Trade Center class-action lawsuit have accepted a settlement worth at least $625 million in compensation. The move will result in the dismissal of their claims against the city of New York and its contractors for injuries they say they suffered from their work during the rescue, recovery or clean-up efforts after the terrorist attack of 9/11. Attorneys for the plaintiffs noted that over 98 percent of plaintiffs in Tier 4, claiming the most severe injuries that could possibly be tied to work at the site, agreed to the settlement. In addition, more than 95 percent of the plaintiffs in Tiers 2 and 3, with less severe injuries, also signed on. "It has been my personal and professional mission to ensure that we negotiate a settlement that is fair and reasonable to all sides and I am extremely heartened that the overwhelming majority of plaintiffs have decided that is exactly what we achieved," said Christine LaSala, president and CEO of the WTC Captive Insurance Company. "I hope that this settlement will bring closure to the heroes on both sides of this litigation who did their best to repair this City and restore this community in those difficult days and months following 9/11." "This process has been intense for all, but the numbers of people opting in show that the settlement we developed and the process to obtain compensation have been judged fair and transparent by those plaintiffs," said Margaret H. Warner, a partner at McDermott Will & Emery, who negotiated the settlement on behalf of the WTC Captive Insurance Company. Warner went on to say, "Crafting this settlement has been especially challenging given the emotional significance of the work done by all, plaintiffs and defendants, in aid of our country in those difficult days and months. It was important that the compensation reflect the seriousness of injuries claimed and the strength of the legal claim, while also being transparent in all respects." Negotiations took more than two years and some are still ongoing for other clients of the law firm. "This settlement is a fair and just resolution of these claims, protecting those who came to the aid of this city when we needed it most," said Mayor Michael R. Bloomberg. "We will continue our commitment to treatment and monitoring of those who were present at Ground Zero.” He hopes the settlement will also aid in encouraging the U.S. Senate to follow the lead of their colleagues in the House of Representatives and pass the James Zadroga 9/11 Health and Compensation Act. With the settlement figure reached it will now be a less expensive proposition. Compensation was determined by the severity of the illness claimed and the likelihood it could be linked to work at the World Trade Center operations. Copyright © 2003 - 2010 AHN - All rights reserved.Redistribution, republication. syndication, rewriting or broadcast is prohibited without the prior written consent of AHN.License real time content for your website, business, digital signage network or publication. 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