AIG Unit Must Cover AlixPartners' $19M Costs, Judge Says
By Jeff Sistrunk ( March 9, 2017, 4:12 PM EST) -- A Michigan state judge has ruled that an AIG unit cannot recover $19 million in defense and settlement costs it paid on consulting firm AlixPartners LLP's behalf in connection with a private equity firm's arbitration claim regarding the acquisition of a model railway maker, finding that AlixPartners properly reported the claim to the insurer....
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