District Court, S.D. New York December 5, 2012, Nos. 21 MC 101 (AKH), 08 Civ. 3722 (AKH) (World Trade Center Properties LLC v. American Airlines, Inc.)

OPINION AND ORDER DENYING MOTION TO CREDIT INSURANCE RECOVERIES AGAINST POTENTIAL TORT RECOVERIES (CORRECTED OPINION)

ALVIN K. HELLERSTEIN, District Judge:

I. INTRODUCTION

On December 3Í, 1980, the Port Authority of New York and New Jersey (the “Port Authority”) entered into a ground lease with 7 World Trade Company, L.P. (“7WTCo.