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By Alex Vorro |
May 15, 2012
The tensions rose another notch yesterday in the 7-year-old fraud case against former AIG CEO Maurice Greenberg and CFO Howard Smith. Greenberg bit back at New York Attorney General Eric Schneiderman, claiming that the state should be barred from invoking a 91-year-old state law in the case.
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By Alex Vorro |
April 25, 2012
The past few years have been hard on bailed-out insurance giant American International Group Inc. (AIG). Adding to its already full plate of hassles is a lawsuit it filed yesterday against Los Angeles billionaire Steven Udvar-Házy, the former head of its International Lease Finance Corp. (ILFC) aircraft leasing business, which...
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By Julie Beck |
March 2, 2012
The U.S. government has had quite enough of former American International Group Inc. (AIG) CEO Maurice Greenberg and his $25 billion lawsuit.
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By Shirley Li |
December 7, 2011
Mired in legal woes, Bank of America (BofA) suffered another blow when its attempt to disqualify the law firm representing American International Group Inc. (AIG) in its $10 billion mortgage fraud lawsuit was rejected Tuesday by a federal judge.
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By Alex Vorro |
December 6, 2011
Unfortunately for Bank of America (BofA), the excuse of leaving its wallet in El Segundo was taken more than 20 years ago.
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By Shirley Li |
December 1, 2011
Former American International Group Inc. CEO Maurice Greenberg’s $25 billion lawsuit against the U.S. government and the Federal Reserve Bank of New York filed in mid-November has become a significant takings case challenging legal precedents.
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By Danielle Feinstein, Cathleen Flahardy, Shirley Li, Ashley Post, Mary Swanton, Alex Vorro |
December 1, 2011
A slideshow of the events, people and stories that affected the in-house bar this year.
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By Shirley Li |
November 22, 2011
Maurice “Hank” Greenberg, the former chief executive of American International Group Inc., took aim at the U.S. government and the Federal Reserve Bank of New York, filing a lawsuit Monday for $25 billion and claiming the 2008 federal takeover of AIG was unconstitutional.
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By Alex Vorro |
November 4, 2011
Another page was written in the epic drama surrounding Bank of America Corp. and its seemingly endless legal trouble this year.
A lawyer representing American International Group Inc. told U.S. District Court Judge William Pauley in New York Wednesday that investors want the “shroud of secrecy” lifted over the proposed $8.5...
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By Ashley Post |
October 20, 2011
Beleaguered Bank of America Corp. (BofA) just received confirmation that its legal troubles are far from over.
