Fed. judge orders Iran to pay $10.5 billion for 9/11 damages

Fed. judge orders Iran to pay $10.5 billion for 9/11 damages

[Ed. – Although there’s nothing new here — the judge relied on a lower court’s finding against Iran, and Iran didn’t defend the case in the U.S. District Court — it’s a reminder that the underlying lawsuit uncovered damning information about Iran’s role in the 9/11 attacks.  Another strongly worded letter no doubt to follow.  Unless the new Era of Good Feeling with the Iranian “moderates” gets in the way.]

Iran was ordered by a U.S. judge to pay more than $10.5 billion in damages to families of people killed in the Sept. 11, 2001, terrorist attacks and to a group of insurers.

U.S. District Judge George Daniels in New York issued a default judgment Wednesday against Iran for $7.5 billion to the estates and families of people who died at the World Trade Center and Pentagon. It includes $2 million to each estate for the victims’ pain and suffering plus $6.88 million in punitive damages.

Daniels also awarded $3 billion to insurers including Chubb Ltd. that paid property damage, business interruption and other claims.

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