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News
June 16, 2015

In The News Today – June 16, 2015

ILR’s Harold Kim told Business Insurance that an anti-fee shifting bill in Delaware “would eliminate an important mechanism that corporations invoke to protect innocent shareholders against the costs of abusive legislation without providing an adequate replacement tool to deter the filing and prosecution of these illegitimate actions.” (Business Insurance)

Judge Thomas C. Wheeler of the United States Court of Federal Claims ruled on Monday that the government violated the law in its “draconian” bailout of A.I.G. in 2008, when it took a controlling stake in the insurance company and ousted Maurice R. “Hank” Greenberg, the company’s chief executive at the time. (The New York Times)

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