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INDUSTRIAL RISK INS. v. PORT AUTHORITY OF NY/NJ

Docket No. 05-0664-cv.

493 F.3d 283 (2007)

INDUSTRIAL RISK INSURERS, as subrogee of Silverstein Properties, Inc., Plaintiff-Appellant, v. The PORT AUTHORITY OF NEW YORK AND NEW JERSEY, Citigroup Global Markets Holdings, Inc., formerly known as Salomon Smith Barney, Inc., and Citigroup, Inc., Defendants-Appellees, Silverstein Properties, Inc. and 7 World Trade Company, L.P., and AMEC Construction Management, Inc., Amicus Counsel.

United States Court of Appeals, Second Circuit.

Decided: July 12, 2007.

Attorney(s) appearing for the Case

Gregory P. Joseph, Gregory P. Joseph Law Offices LLC, New York, N.Y.; and Clifford Law Offices P.C., Chicago, Ill., for Plaintiff-Appellant.

Thomas J. Moloney (Lewis J. Liman, Karen Bekker, R. Zachary Gelber, of counsel), Cleary Gottlieb Steen & Hamilton LLP, New York, N.Y., for Defendants-Appellees.

Eric Seiler (Robert S. Loigman, Kent K. Anker, of counsel), Friedman Kaplan Seiler & Adelman LLP, New York, N.Y., for Silverstein Properties, Inc. and 7 World Trade Company, L.P.

Mark J. Weber (Daniel Markewich, of counsel)R, Mound Cotton Wollan & Greengrass, Garden City, N.Y., for AMEC Construction Management, Inc.

Before: CALABRESI, B.D. PARKER, and WESLEY, Circuit Judges.

GUIDO CALABRESI, Circuit Judge:

Plaintiff-Appellant Industrial Risk Insurers (IRI) — the subrogee of non-party, amicus Silverstein Properties, Inc. (Silverstein) — brought, in the United States District Court for the Southern District of New York, a claim of gross negligence against, inter alia, Defendants-Appellees Citigroup Inc. and Citigroup Global Market Holdings, Inc. (together, Citigroup). Upon reviewing the parties' submissions, the district...

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