DC Circ. Denies Public Access to AIG Asset-Hiding Report

Law360, New York (February 1, 2013, 4:52 PM EST) -- A journalist has no right of access to an independent consultant's review of American International Group Inc.'s operations, the D.C. Circuit ruled Friday, finding the reports should not be publicly available because they were never part of a judicial record.

The consultant's reports were mandated by the U.S. Securities and Exchange Commission as part of a 2004 consent decree with AIG in the SEC's suit over an AIG program that allegedly helped public companies move troubled or volatile assets off their balance sheets and put them...
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