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Insurance giant withdraws 9/11 lawsuit against Saudi Arabia

By Daily Mail Reporter

Last updated at 8:37 PM on 21st September 2011

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An insurance firm has withdrawn its lawsuit against Saudi Arabia, which had claimed the country funded the terrorists responsible for the 9/11 attacks.

A division of Lloyd's of London had filed documents in a U.S. court on September 8 demanding the return of $215million compensation it paid victims.

But the lawsuit has now been dropped.
Lawsuit: The headquarters of Lloyd's of London

Lawsuit: The headquarters of Lloyd's of London

Attorney Stephen Cozen of law firm Cozen O'Connor, which represents Lloyd's, told Insurance Journal that he cannot comment on why Lloyd’s decided to drop the case less than two weeks after filing the complaint.

Mr Cozen told the journal: 'We were instructed to voluntarily dismiss without prejudice. That of course means that the suit is free to be refiled and certainly similar suits may be filed by others.'

Lloyd's is voluntarily dismissing its lawsuit 'without prejudice,' meaning the motion seeks to close the case without precluding the possibility of renewal at a later date, the court clerk's office said.

The lawsuit - filed in Johnston, Pennsylvania, where United Airlines flight 93 crashed on 9/11, named nine defendants, including a leading member of the oil-rich state's royal family.

Saudi Arabia has always denied claims that Osama bin Laden's organisation received official financial and practical support from his homeland.
Disaster: Legal documents were filed in Johnston, near where the United 93 jet crashed after being hijacked by 9/11 terrorists

Disaster: Legal documents had been filed in Johnston, near where the United 93 jet crashed after being hijacked by 9/11 terrorists

And the 9/11 Commission's official report on the attacks, found that there was no evidence that the Saudi government or senior Saudi officials individually funded Al Qaeda.

Read more: http://www.dailymail.co.uk/news/arti...#ixzz1YjItIYBT