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The Brooklyn Bridge is seen in the foreground as a plane explodes upon hitting the second tower of the World Trade Center on Sept. 11, 2001.

By Tom Hays
Associated Press
July 19, 2013

Owners of the World Trade Center will not be allowed to collect billions from airlines whose planes were involved in the Sept. 11, 2001, attacks that leveled the buildings.

NEW YORK — The owners of the World Trade Center can’t demand billions of dollars more in insurance money for the destruction caused by the Sept. 11 attacks, a federal judge decided Thursday.

Judge Alvin Hellerstein ruled after hearing testimony by economic experts for the trade center owners and for the airlines whose planes were hijacked in the attacks. The non-jury trial was held to decide whether the owners could collect more than the nearly $5 billion they’ve already received toward reconstruction.

In ruling against developer Larry Silverstein and World Trade Center Properties, the judge cited state laws that bar “windfalls and double recovery on the same loss.”

The judge said that though he was ruling against the trade center owners, they deserved credit for spearheading the recovery effort at the 16-acre lower Manhattan site.

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