The second stage of the World Trade Center trial between leaseholder and developer Silverstein Properties and nine insurers has been scheduled to begin on 11 October 2004.

The nine insurers involved in the second stage include Zurich North America, Twin City Fire Insurance and Royal & SunAlliance subsidiary Royal Speciality.

Companies involved in the trial include those who were found not be to bound by the WilProp form which defined the September 11 2001 attacks as a single event during a trial earlier this year.

A number of the companies involved did not contest they were bound by WilProp. They are SCOR, IRI, Travelers, Allianz, Gulf and TIG.

The second stage of the trial will determine which slips the remaining insurers were bound under, and whether they defined the attacks as one event or two.

Following the WilProp judgment in April, the most WTC leaseholder Larry Silverstein and Silverstein Properties can recover from the insurers is about $4.7bn, far less than the $7bn it had initially hoped to claim.

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