Insight and Intelligence on the Global Facultative Markets

19 May 2012

Greenberg set to go on trial in May

24 January 2011

Former American International Group (AIG) chief Hank Greenberg is set to go on trial on 2 May in a New York state lawsuit alleging he used bogus transactions to disguise the insurer's financial state.

Greenberg's attorney Robert Morvillo, along with Vincent Sama, who represents co-defendant and former AIG CFO Howard Smith, said they will seek to delay the trial at the state appellate court until appeals in the case are decided.

But New York state Supreme Court justice Charles Ramos...


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