October 29, 2012
A federal jury on Monday decided in favor of Artemis SA in the California insurance commissioner's $4.33 billion suit over a conspiracy to fraudulently obtain the assets of failed insurance company Executive Life Insurance Co., finding French magnate Francios Pinault's holding company not liable for damages.
October 25, 2012
California's insurance commissioner urged a federal jury Thursday to force French magnate Francois Pinault's holding company Artemis S.A. to pay $4.33 billion in a long-running suit alleging a conspiracy to fraudulently obtain the assets of failed insurance company Executive Life Insurance Co.