Published: March 19, 2010

Statement by Christine LaSala, President and CEO of the WTC Captive Insurance Company

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NEW YORK, March 19 /PRNewswire/ -- WTC Captive Insurance Company released today this statement following the hearing held by the Hon. Alvin K. Hellerstein, United States District Court for the Southern District of New York. Christine LaSala, President and Chief Executive Officer of the WTC Captive Insurance Company, said:

"I am very disappointed that the Judge has now made it more difficult, if not impossible, for the people bringing these claims to obtain compensation and a settlement. We heard people today plead for an end to this litigation that was fair and just. That is what we focused on and achieved. We will consider what the Judge has said and consult with our insureds and try to find a way forward."


    Media Contacts
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    212-547-5505

    Eileen O'Connor, McDermott Will & Emery LLP
    emoconnor@mwe.com

    Caroline Gentile, Kekst and Company
    Caroline-gentile@kekst.com

    Micheline Tang, Kekst and Company
    Micheline-tang@kekst.com

SOURCE WTC Captive Insurance Company