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ARTHUR ANDERSEN LLP v. FEDERAL INS. CO.

Nos. A-2155-08T1

3 A.3d 1279 (2010)

416 N.J. Super. 334

ARTHUR ANDERSEN LLP, Plaintiff-Appellant, v. FEDERAL INSURANCE COMPANY, Defendant, and Certain Underwriters at Lloyd's, London and Certain London Market Insurance Companies, Defendants-Respondents.

Superior Court of New Jersey, Appellate Division.

Decided September 30, 2010.

Attorney(s) appearing for the Case

Stephan G. Weil (Dickstein Shapiro LLP) of the Washington bar, admitted pro hac vice, argued the cause for appellant (Greenberg Traurig LLP and Mr. Weil , attorneys; David Jay , Alexander J. Anglim , Florham Park , and Mr. Weil , on the brief).

Catherine Mondell (Ropes and Gray LLP) of the Massachusetts bar, admitted pro hac vice, argued the cause for respondents (Duane Morris LLP and Ms. Mondell , attorneys; Gregory R. Haworth , Newark, on the brief).

Before Judges FISHER, SAPP-PETERSON and ESPINOSA.

The opinion of the court was delivered by

ESPINOSA, J.A.D.

Plaintiff, Arthur Andersen LLP (Andersen), alleged that business losses caused as a result of property damage to the World Trade Center (WTC) and the Pentagon on September 11, 2001 were covered losses under its insurance policy. Andersen appeals from orders that granted summary judgment to the insurer, dismissing its claims. We affirm.

Andersen contends that it earned $204 million less than...

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