The scuffle surrounding a chunk of American International Group Inc. (AIG) stock is scheduled for trial in a New York federal court on March 2, A.M. Best reported today. The trial is the latest manifestation of the ill will between AIG and its former chairman and CEO Maurice “Hank” Greenberg, now chairman and CEO of Starr International Co.
The battle began shortly after Greenberg left AIG in 2005. Starr initially sued AIG to regain artwork it claimed to own, but was being held by AIG, which prompted the insurer to counter-sue over control of the stock.
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