Property Damage and Business Interruption Claims Rack Up Millions Following 9/11

Represented AT&T, Royal Bank of Canada, and Cantor-Fitzgerald as lead counsel in multi-hundred million dollar property damage and business interruption claims arising from the attack on the Twin Towers. Claims raised several insurance coverage issues of first impression (e.g., the scope of business interruption coverage that arises from terrorist activities affecting an entire community), and were resolved through favorable settlements without need for significant litigation proceedings.