Lawyers get Ground Zero payout, workers yet to be paid - The Firearms Forum

jack404 · 02-07-2010, 05:09 AM

LAWYERS in the battle over Ground Zero worker compensation could bag up to half of the $US4 billion ($4.6 billion) available to pay September 11 recovery workers for toxic injuries, the New York Post reported today.

The New York Post reported today that defence firms hired by New York to fight some 10,000 claims already raked in close to $200 million. A further $US75 million ($86.4 million) was spent on administrative expenses by the end of 2009.

Lawyers for the workers, who are still unpaid, stand to reap 30 to 40 per cent of all settlements or judgements, based on their retainer agreements with World Trade Center (WTC) emergency responders.

How much money was up for grabs was the big question, now that the first trials for a dozen 9/11 workers were set to start May 16 in Manhattan federal court.

The two sides were said to be in secret intensive discussions that Judge Alvin Hellerstein hoped would settle as many cases as possible.

At stake is a $US1 billion ($1.5 billion) taxpayer fund and as much as $US3 billion ($3.5 billion) in liability insurance coverage.

The WTC Captive Insurance Co., a nonprofit governed by mayor Michael Bloomberg, managed a $US1 billion ($1.5 billion) fund.

The money was awarded by the U.S. Congress to pay claims stemming from the Ground Zero cleanup.

The fund paid only a total of $US320,000 ($369,000) to five workers with minor injuries.

Workers were livid.

"How do you justify earning $US275 million ($317 million) without a settlement or trial?" asked ex-NYPD detective John Walcott, who battled leukemia after working for months at Ground Zero and the Fresh Kills landfill, where debris was shipped.

wpage · 02-07-2010, 05:27 AM

Unbelievable that almost 9 years have passed and those who sacrificed and suffered still wait for compensation.

carver · 02-07-2010, 05:32 AM

And that while they wait the buzzards have gathered the lions share of any $ to be had!

jack404 · 02-07-2010, 05:41 AM

80% of what i have to say on this would be censored or evidence of a offence
so i'll shut up

Insulation Tim · 02-07-2010, 07:38 AM

I believe that it was King Henry who said, "Kill all of the lawyers".

Trouble 45-70 · 02-07-2010, 10:14 AM

King Henry for President!

02-07-2010, 05:09 AM	#1
jack404 Former Guest Join Date: Jan 2010 Location: Australia Contributor Posts: 17,622	Lawyers get Ground Zero payout, workers yet to be paid LAWYERS in the battle over Ground Zero worker compensation could bag up to half of the $US4 billion ($4.6 billion) available to pay September 11 recovery workers for toxic injuries, the New York Post reported today. The New York Post reported today that defence firms hired by New York to fight some 10,000 claims already raked in close to $200 million. A further $US75 million ($86.4 million) was spent on administrative expenses by the end of 2009. Lawyers for the workers, who are still unpaid, stand to reap 30 to 40 per cent of all settlements or judgements, based on their retainer agreements with World Trade Center (WTC) emergency responders. How much money was up for grabs was the big question, now that the first trials for a dozen 9/11 workers were set to start May 16 in Manhattan federal court. The two sides were said to be in secret intensive discussions that Judge Alvin Hellerstein hoped would settle as many cases as possible. At stake is a $US1 billion ($1.5 billion) taxpayer fund and as much as $US3 billion ($3.5 billion) in liability insurance coverage. The WTC Captive Insurance Co., a nonprofit governed by mayor Michael Bloomberg, managed a $US1 billion ($1.5 billion) fund. The money was awarded by the U.S. Congress to pay claims stemming from the Ground Zero cleanup. The fund paid only a total of $US320,000 ($369,000) to five workers with minor injuries. Workers were livid. "How do you justify earning $US275 million ($317 million) without a settlement or trial?" asked ex-NYPD detective John Walcott, who battled leukemia after working for months at Ground Zero and the Fresh Kills landfill, where debris was shipped. -->

02-07-2010, 05:27 AM	#2
wpage Advanced Senior Member Join Date: Aug 2009 Posts: 1,471	Re: Lawyers get Ground Zero payout, workers yet to be paid Unbelievable that almost 9 years have passed and those who sacrificed and suffered still wait for compensation. __________________ "You shall recieve power" Acts 1:8 W

02-07-2010, 05:32 AM	#3
carver TFF Moderator/Host Join Date: Jul 2008 Location: DAV, Deep in the Pineywoods of East Texas, just west of Shreveport, LA Contributor Posts: 11,288	Re: Lawyers get Ground Zero payout, workers yet to be paid And that while they wait the buzzards have gathered the lions share of any $ to be had! __________________ Y'all be safe now, ya hear! Lamentations Chapter 5: 1. Remember, O LORD, what is come upon us: consider, and behold our reproach. 2. Our inheritance is turned to strangers, our houses to aliens. 3. We are orphans and fatherless, our mothers [are] as widows. 5. Our necks [are] under persecution: we labour, [and] have no rest. 16. The crown is fallen [from] our head: woe unto us, that we have sinned! 21. Turn thou us unto thee, O LORD, and we shall be turned; renew our days as of old.

02-07-2010, 05:41 AM	#4
jack404 Former Guest Join Date: Jan 2010 Location: Australia Contributor Posts: 17,622	Re: Lawyers get Ground Zero payout, workers yet to be paid 80% of what i have to say on this would be censored or evidence of a offence so i'll shut up

02-07-2010, 07:38 AM	#5
Insulation Tim Advanced Senior Member Join Date: Oct 2008 Location: Ohio Contributor Posts: 2,300	Re: Lawyers get Ground Zero payout, workers yet to be paid I believe that it was King Henry who said, "Kill all of the lawyers". __________________ Tim *"Remember the Ark was built by amateurs....Professionals built the Titanic"*

02-07-2010, 10:14 AM	#6
Trouble 45-70 Advanced Senior Member Join Date: Apr 2009 Location: NE Ar. W. of Black River Contributor Posts: 2,703	Re: Lawyers get Ground Zero payout, workers yet to be paid King Henry for President! __________________ Psalm 12 verse 8: The wicked walk on every side when the vilest men are exalted.