US court: Iran was told to pay $10.5 billion to Sept. 11 kin, insurers
U.S. District Judge George Daniels in New York issued a default judgment Wednesday against Iran for $7.5 billion to the estates and families of people who died at the World Trade Center and Pentagon.
Daniels also awarded $3 billion to insurers that paid property damage, business interruption and other claims.
Earlier in the case, Daniels found that Iran had failed to defend claims that it aided the Sept. 11 hijackers and was therefore liable for damages tied to the attacks. Daniels’s ruling Wednesday adopts damages findings by a U.S. magistrate judge in December. While it is difficult to collect damages from an unwilling foreign nation, the plaintiffs may try to collect part of the judgments using a law that permits parties to tap terrorists’ assets frozen by the government.
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