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Suit claiming Saudi Arabia aided al-Qaida dropped by insurers who made massive 9/11 payouts
Topic Started: Sep 22 2011, 10:17 AM (473 Views)
shure
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Suit claiming Saudi Arabia aided al-Qaida dropped by insurers who made massive 9/11 payouts
By Associated Press, Updated: Thursday, September 22, 8:24 AM
http://www.washingtonpost.com/national/suit-claiming-saudi-arabia-aided-al-qaida-dropped-by-insurers-who-made-massive-911-payouts/2011/09/22/gIQAmiUUnK_story.html


PHILADELPHIA — A lawsuit accusing Saudi Arabia of funneling money to al-Qaida has been dropped by insurers that paid out millions following the September 11 terror attacks.

The Tribune-Democrat of Johnstown reports the suit brought by a Lloyd’s of London insurance syndicate was withdrawn Monday. The dismissal notice does not indicate why the suit was dropped.

Lloyd’s attorney Stephen Cozen tells The Tribune-Democrat (http://bit.ly/mUbk2l ) he could not comment beyond confirming the dismissal.

The suit aimed to recoup $215 million paid out on policies covering airlines, security companies and airport authorities. It claimed that Saudi Arabia made charitable donations to Muslim groups that were then funneled to al-Qaida.

An appeals court in New York had said in 2008 that the Saudi royal family and other defendants were immune from such lawsuits.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.









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shure
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Insurance giant withdraws 9/11 lawsuit against Saudi Arabia
By Daily Mail Reporter
Last updated at 8:37 PM on 21st September 2011
http://www.dailymail.co.uk/news/article-2039879/Lloyds-withdraws-Sauid-lawsuit-Insurance-giant-withdraws-action-claimed-country-funded-9-11.html

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An insurance firm has withdrawn its lawsuit against Saudi Arabia, which had claimed the country funded the terrorists responsible for the 9/11 attacks.

A division of Lloyd's of London had filed documents in a U.S. court on September 8 demanding the return of $215million compensation it paid victims.

But the lawsuit has now been dropped.


Attorney Stephen Cozen of law firm Cozen O'Connor, which represents Lloyd's, told Insurance Journal that he cannot comment on why Lloyd’s decided to drop the case less than two weeks after filing the complaint.

Mr Cozen told the journal: 'We were instructed to voluntarily dismiss without prejudice. That of course means that the suit is free to be refiled and certainly similar suits may be filed by others.'

Lloyd's is voluntarily dismissing its lawsuit 'without prejudice,' meaning the motion seeks to close the case without precluding the possibility of renewal at a later date, the court clerk's office said.

The lawsuit - filed in Johnston, Pennsylvania, where United Airlines flight 93 crashed on 9/11, named nine defendants, including a leading member of the oil-rich state's royal family.

Saudi Arabia has always denied claims that Osama bin Laden's organisation received official financial and practical support from his homeland.

And the 9/11 Commission's official report on the attacks, found that there was no evidence that the Saudi government or senior Saudi officials individually funded Al Qaeda.

Read more: http://www.dailymail.co.uk/news/article-2039879/Lloyds-withdraws-Sauid-lawsuit-Insurance-giant-withdraws-action-claimed-country-funded-9-11.html#ixzz1Yh9z4ise



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