AIG Financial Products Corp.

  1. May 10, 2023

    Judge Rejects Former Execs' Bid To Dismiss AIG Unit's Ch. 11

    A Delaware bankruptcy judge rejected a request by a group of former executives of an American International Group investment unit to dismiss its Chapter 11 case, saying Wednesday the unit is insolvent and has a chance of reorganizing.

  2. December 16, 2022

    Former AIG Unit Execs Call Ch. 11 Plan 'Dead On Arrival'

    The Delaware bankruptcy judge overseeing the Chapter 11 of American International Group Inc. subsidiary AIG Financial Products got a preview of future conflicts in the case Friday, with a group of former executives calling the company's bankruptcy plan "dead on arrival."

  3. December 15, 2022

    AIG Unit Execs Seek Dismissal Or Probe Of Del. Ch. 11 Case

    Attorneys for 46 American International Group Inc. affiliate executives seeking more than $500 million in damages from the now-bankrupt company for wrongful taking of deferred compensation funds during the 2008 financial crisis said Thursday they plan to contest its Chapter 11 filing in Delaware as "abuse of the bankruptcy process."

  4. December 14, 2022

    AIG Subsidiary Hits Ch. 11 In Del. To Clear $37.4B Debt

    American International Group Inc. subsidiary AIG Financial Products sought Chapter 11 protection in Delaware on Wednesday, citing plans to clear away a $37.4 billion intercompany debt and aiming to snuff dozens of executives' claims to $185 million in profit-sharing bonuses.