An American Airlines plane has been temporarily taken out of service after an employee took a selfie on its wing
Cantor Fitzgerald attorney John Stoviak told a federal judge at a Manhattan hearing Thursday a final signed agreement may be ready by Tuesday.
In 2001, Cantor Fitzgerald’s headquarters were in the top floors of the north tower, which was struck by American Airlines Flight 11 which had departed from Boston.
The firm accused American of negligence in allowing hijackers to board the plane and crash it into the tower. American responded that it could not have predicted such an attack and that it followed federal security regulations.
American Airlines lawyer Desmond Barry says about 40 insurance carriers worldwide must agree to let him sign for them. He says their money is in escrow.
Stoviak told the judge the amount of the agreement will be made public after court approval, expected next year.
Cantor originally sued for more than $1 billion in damages after the attacks, in which hijacked airplanes crashed into the World Trade Center.
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