Cantor Fitzgerald seeks to continue AA lawsuit

Victoria
By Victoria January 10, 2012 13:10

Cantor Fitzgerald seeks to continue AA lawsuit

Cantor Fitzgerald, the securities firm that lost 658 employees in the 9/11 terrorist attacks on the World Trade Center, has requested permission to continue its lawsuit against American Airlines from U.S. Bankruptcy Judge Sean Lane.

When AA filed for bankruptcy, an automatic stay on lawsuits against parent company, AMR was imposed.

“The impact of the automatic stay causes significant harm to Cantor Fitzgerald because it further delays Cantor Fitzgerald’s ability to recover a portion of the damages it suffered as a result of the events of September 11, 2011 – over ten years ago,” said Cantor.

Victoria
By Victoria January 10, 2012 13:10
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