The Business Times
business-time-50
SUBSCRIBERS

Ex-AIG chairman due in court to fight 11-year-old lawsuit

google-preferred-sourceAdd BT as a preferred source
Published Sun, Sep 11, 2016 · 09:50 PM

    New York

    EVEN at 91, former American International Group Inc chairman Maurice "Hank" Greenberg is not ready to quit fighting.

    Greenberg scrapped with regulators and the Internal Revenue Service and beat the federal government in what some called a no-chance suit. Now, he is set to march into state court in Manhattan to fight an 11-year-old lawsuit accusing him of using sham transactions at AIG to hide the company's financial troubles from shareholders. Opening statements are scheduled for Tuesday.

    TRENDING NOW

    Beyond structural portfolio shifts, the study highlighted paradoxes regarding intergenerational wealth planning and succession.

    Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study

    The bungalow's transacted price works out to about S$3,169 psf on the freehold land area of 23,979 sq ft.

    Shanda co-founder sells Tanglin Hill bungalow for S$76 million

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More