Published: March 19, 2010
Statement by Christine LaSala, President and CEO of the WTC Captive Insurance Company
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
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