The goverment agency that owned the site of the World Trade Center, the Port Authority of New York and New Jersey, announced Friday evening that it will be joining a suit against Saudi Arabia and others filed last week by investment firm Cantor Fitzgerald for damages caused by the September 11 attacks.

The Port Authority annoucement came hours before the three-year statute of limitations on such suits was about to expire. The Cantor suit, in which it seeks $7 billion in compensation, also names Osama bin Laden, Al-Quaida, and other terrorists as defendants. BBC has more; USA Today has background on the Cantor lawsuit in this article from September 3.