Starr International seeks independent control of $20 Billion in AIG shares
In an interesting turn of events, Starr International Co., a company led by former AIG Chief Executive Officer Hank Greenberg, has counter sued the insurer claiming that Starr should have independent control over $20 billion of AIG shares. The counterclaim is the latest installment in litigation between the two that started earlier this year when Starr filed suit to secure the release of art, antiques, and other property held by the insurer that Greenberg claimed should be in his possession. Read the story at CNN.