Appeals Court Rules Former AIG CEO Had No Legal Right to Challenge Bailout
Summary: After the government and former CEO were unhappy with the original ruling, an appeals court has completely flipped the…
AIG
Bonuses at Big Law Firms on the Rise Once Again
Summary: As bonus season arrives in biglaw, many lawyers are seeing their bonus amounts return to levels seen in previous years. …
Maurice Greenberg Moving Closer to $25 Billion Victory
Summary: It is quite possible that Maurice ‘Hank’ Greenberg could win the lawsuit he filed against the government for bailing out…
AIG Bailout Trial Against U.S. Government Begins Monday
Summary: A lawsuit filed against the U.S. government over the bailout of AIG will go to trial, which begins on Monday. …
Second-Quarter Earnings for Bank of America Drop by 43 Percent
The profit for Bank of America dropped by 43 percent in the second-quarter, mostly because of a large legal expense…
In-House Corporate Attorney Jobs in New York City
For successful corporate attorneys in top U.S. cities, the differences in work patterns between corporate departments and law firms have…
$1.98 Billion Profit, AIG Reports
American International Group Inc. or AIG is the multinational insurance corporation. The company is a provider of property casualty insurance,…
AIG Seeks to Delay $8.5 Billion Settlement
The largest underwriter of commercial and industrial insurance in the United States, AIG seeks to delay an $8.5 billion settlement…
Berkshire and AIG Go Head to Head
The two insurance giants American International Group Inc. and Berkshire Hathaway Inc. are blocking, striking and parrying in the talent…
New York Drops Damages Claim In Suit Against Former AIG Chief Maurice Greenberg
In their civil suit against former American International Group CEO Maurice Greenberg, the office of the New York Attorney General…
Class-Action Status Granted to AIG Shareholders
A federal judge awarded class-action status to two groups of American Group Inc shareholders on Monday, according to Reuters. The…
AIG Decides Not to Sue the Government Who Bailed Them Out
Until today, A.I.G. was in a difficult spot, at the point of uncertainty, whether or not to join a suit…