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The Battle of the Titans over AIG.

Authors :
Fisher, Daniel
Coolidge, Carrie
Weinberg, Neil
Condon, Bernard
Source :
Forbes; 5/9/2005, Vol. 175 Issue 10, p82-92, 7p, 11 Color Photographs
Publication Year :
2005

Abstract

This article reports on the struggle over AIG. How in one 1998 case David Boies tried to get New York Supreme Court Judge Edward Greenfield removed from a lawsuit--three years after his client, New York landlord Sheldon Solow, had settled the underlying complaint. The key section in the Gen Re contract exposes AIG to as much as $100 million of losses should claims come in higher than the $500 million it received in Gen Re premiums. INSETS: Lowdown on the Showdown;When Gray Becomes Black-and-White.

Subjects

Subjects :
BUSINESS enterprises
EXECUTIVES

Details

Language :
English
ISSN :
00156914
Volume :
175
Issue :
10
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
16855963