Judge Says Greenberg May Pursue $25B Suit Over AIG Bailout

July 3, 2012

A company run by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg may pursue a $25 billion lawsuit against the U.S. government, in which it called the 2008 federal bailout of the insurer unconstitutional.

Judge Thomas Wheeler of the U.S. Court of Federal Claims, in a decision issued on Monday, dismissed part of the case brought by Greenberg’s company Starr International Co., but allowed other claims to proceed.

Topics Lawsuits Legislation AIG

Was this article valuable?

Here are more articles you may enjoy.