Articles by Andrew Zajac

Let Congress, Not Courts, Decide Obamacare Reimbursements: Administration

U.S. House Republicans suing the Obama administration over the federal health care law should change it if they don’t like it, a Justice Department lawyer told a skeptical federal judge in a bid to have the lawsuit thrown out. The …

U.S. Seeks Dismissal of MetLife Suit Challenging Systemic Designation

MetLife Inc.’s lawsuit challenging its designation by regulators as critical to the economy should be thrown out, U.S. Justice Department lawyers said without making public their arguments to the judge. MetLife on January 13 became the first nonbank to challenge …

Judge Challenges Legality of U.S. Taking Over AIG During Bailout

The judge weighing a $25 billion investor lawsuit over the 2008 bailout of American International Group Inc. challenged U.S. arguments that assuming control of the insurer didn’t amount to taking shareholder property. Maurice “Hank” Greenberg’s Starr International Co., AIG’s largest …

Greenberg May Have Advantage with Judge Deciding AIG Bailout Challenge

Former American International Group Inc. Chairman Maurice “Hank” Greenberg claims the U.S. bailout of the company cheated shareholders out of at least $25 billion. On Wednesday, the judge presiding over his lawsuit will hear final arguments in the long-running case. …

Closing Arguments in Greenberg’s Suit Against Bailout Set for April 22

Maurice “Hank” Greenberg’s Starr International Co. and the U.S. filed a second set of post-trial papers in a lawsuit over the terms of the government’s bailout of American International Group Inc., setting the stage for next month’s closing arguments. Starr’s …

Supreme Court Asked to Decide Standard for Vaccine Injury Compensation

The U.S. Supreme Court is being asked to decide whether people who suffer harmful vaccine side effects should have an easier time winning compensation from the government. Congress created what’s known as the vaccine court in 1986, setting up a …

MetLife to Sue to Overturn Systemically Risky Designation

MetLife Inc. said it will sue in federal court as part of Chief Executive Officer Steve Kandarian’s effort to overturn a finding that the insurer is systemically important. A complaint will be filed today in Washington to oppose the U.S. …

Environmental Groups Sue EPA to Force Fracking Chemicals Disclosure

A coalition of advocacy groups sued the U.S. Environmental Protection Agency for public access to information on toxic chemicals released by the energy industry through hydraulic fracturing, or fracking, and other forms of oil and gas drilling. Fracking involves the …

Virginia Joins Whistle-Blower Suit Against Guardrail Maker

Virginia joined a whistle-blower lawsuit against Trinity Industries Inc. over an allegedly defective guardrail system, becoming the first state to say it will seek to claw back money spent on the company’s roadside safety hardware. Trinity sold the state thousands …

AIG Bailout Judge Not Intimidated by Government, Wall Street Names

Hank Greenberg’s legal assault on the U.S. government and the terms imposed in its 2008 bailout of American International Group Inc. brought a parade of financial crisis superstars to a Washington courthouse, providing an insider’s account of the struggle to …