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WORLD TRADE CENTER PROPERTIES LLC v ACE BERMUDA INSURANCE LTD Click to find out why . . .



Keywords & Phrases
CaseNo: WTCPLVABIL306722, CourtName: CLAIMS BETWEEN THE PARTIES IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW, Plaintiff: WORLD TRADE CENTER PROPERTIES LLC, UniqueCaseRef: LCD>WTCPLVABIL306722, Trade, Insurance, Parties, Exclusive Jurisdiction, Arbitration, Dispute, York, Bermuda Insurers, Terrorist-related Aircraft Crashes, Llc, United States District, Proceeding, Relief, Southern District, Obligations, Agreement, Tragic Events, Silverstein Leaseholders, Declaratory, Federal Declaratory Judgments, Insurers Contend, Injunctive Relief, Injunctive Relief Directing, Participation, Declaratory Judgments Act, Declaring , ContentID: 120248405

Case Documents
1 2100-09-11 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 120315
22 pages
PDF
Total Documents: 1 document , 22 pages
Price: $ 19.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
INSURANCE
COURT
PLAINTIFFS
PARTIES
EXCLUSIVE JURISDICTION
ARBITRATION
DISPUTE
YORK
BERMUDA INSURERS
TERRORIST-RELATED AIRCRAFT CRASHES
DEFENDANTS
LLC
UNITED STATES DISTRICT
PROCEEDING
RELIEF
SOUTHERN DISTRICT
OBLIGATIONS
AGREEMENT
TRAGIC EVENTS
SILVERSTEIN LEASEHOLDERS
DECLARATORY
FEDERAL DECLARATORY JUDGMENTS
INSURERS CONTEND
INJUNCTIVE RELIEF
INJUNCTIVE RELIEF DIRECTING
PARTICIPATION
ATTORNEYS
DECLARATORY JUDGMENTS ACT
DECLARING
 UNITED  STATES  DISTRICT  COURT
 SOUTHERN  DISTRICT  OF NEW  YORK
 r_________l__________________I__________------------~-----*---*------*                          x
 WORLD  TRADE  CENTER  PROPERTIES  LLC;                                                          :
 SILVERSTEIN  PROPERTIES,  INC.;  1 WORLD                                                        :
 TRADE  CENTER  LLC;  2 WORLD  TRADE  CENTER                                                     :
 LLC;  4 WORLD  TRADE  CENTER  LLC;  and                                                         . 
 5 WORLD  TRADE  CENTER  LLC,
                                                                      Plaintiffs,                ; 

                                       -v-                                                       : 
 ACE BERMUDA  INSURANCE  LIMITED  and XL                                                        :
INSURANCE  LTD.,
                                                                      Defendants.


                                  Plaintiffs  (the "Silverstein  Parties"), by their  undersigned 

knowledge  as to themselves, and upon  information  and belief  as to all other matters, as follows:

                                                                            NATURE  OF THIS  ACTION

                                   1.               By this action, plaintiffs  seek declaratory

other relief  pursuant to the Federal Declaratory  Judgments Act, 28 USC.  $$ 2201  et seq.,

against defendants ACE  Bermuda  Insurance Limited  ("ACE")  and XL  Insurance Limited  ("XL")

(together, the "Bermuda  Insurers")  declaring  that the dispute between the parties concerning  the

insurance obligations  of  the Bermuda  Insurers resulting  from  the terrorist-related  aircraft 

of  September  11,200 1 is properly  a matter within  the jurisdiction  of  this Court, rather than

the Bermuda Insurers contend) subject to arbitration  in  England, and enjoining  the Bermuda

Insurers from  proceeding  with  the English  arbitrations they have recently commenced.

                                 2.               Putting aside the question whether there are any

agreements between  the plaintiffs  and the Bermuda Insurers -  which  itself  is a matter in 



 between the parties -  Congress has provided  for  exclusive jurisdiction  for  resolution  of  the

 claims between the parties in the United  States District Court  for  the Southern District  of 

 York.
SNIPPETS:
  • UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK
  • WORLD TRADE CENTER LLC,
  • INSURANCE LTD.,
  • other relief pursuant to the Federal Declaratory Judgments Act,
  • insurance obligations of the Bermuda Insurers resulting from the terrorist-related aircraft
  • the Bermuda Insurers contend) subject to arbitration in England,
  • Insurers from proceeding with the English arbitrations they have recently commenced.
  • agreements between the plaintiffs and the Bermuda Insurers - which itself is a matter in
  • between the parties - Congress has provided for exclusive jurisdiction for resolution of the
  • claims between the parties in the United States District Court for the Southern District of
  • In the wake of the tragic events of September 11,
  • claims resulting from or relating to the terrorist-related aircraft crashes of September
  • and this Court therefore has "exclusive jurisdiction" to resolve them.
  • entitled to declaratory and related injunctive relief establishing this Court's exclusive
  • This Court has personal jurisdiction over the defendants pursuant to New
  • These same leases impose an obligation upon the Silverstein Leaseholders
  • On October 3 1,200 1, attorneys representing ACE sent by fax a letter to
  • Absent subsequent developments that render an agreement null
  • permanent injunctive relief directing that: any arbitration proceeding concerning any dispute
  • and all persons in active concert or participation with them, and all other persons having
  • On their First Claim for Relief, declaring that this Court has "exclusive
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