US Can't Seek Appeal In $55.5B Starr Suit Over AIG Bailout

Law360, New York (September 27, 2013, 6:27 PM EDT) -- The U.S. Court of Federal Claims on Friday said the government waited too long to request an interlocutory appeal of the court's refusal to toss direct shareholder claims against it in Starr International Inc.'s $55.5 billion class action over the bailout of American International Group Inc.

The government asked the court to allow the U.S. Court of Appeals for the Federal Circuit to weigh in on a June ruling refusing to dismiss allegations that it illegally gave itself millions of AIG shares after it took control...
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