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Special master for TARP executive compensation rules on supplemental requests by AIG and Ally
  • Alston & Bird LLP
  • USA
  • August 4 2010

On Tuesday, Special Master for TARP Executive Compensation, Kenneth R. Fienberg, issued supplemental determinations with regard to the 2010 compensation payments and structures of American International Group, Inc. (AIG) and Ally Financial Inc. (Ally).

SIGTARP releases report on AIG rescue and payments to AIG counterparties
  • Alston & Bird LLP
  • USA
  • November 17 2009

On Monday, the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) released a report entitled "Factors Affecting Efforts to Limit Payments to AIG Counterparties."

AIG announces sale of Hong Kong Financial branch and energy and infrastructure investments
  • Alston & Bird LLP
  • USA
  • August 21 2009

In the past two days, AIG has announced the sale of its Hong Kong Financial branch and the sale of additional energy and infrastructure investment assets.

AIG announces $1.2 billion asset sale
  • Alston & Bird LLP
  • Japan
  • May 13 2009

On Monday, AIG announced an agreement to sell its prime real estate holding in Tokyo for approximately $1.2 billion in cash (115.5 billion) to Nippon Life Insurance Company.

AIG posts $4.35 billion first quarter loss
  • Alston & Bird LLP
  • USA
  • May 11 2009

On Thursday, AIG announced a $4.35 billion loss for the first quarter of 2009, as compared to a net loss of $7.81 billion in the first quarter of 2008 and a net loss of $61.7 billion in the fourth quarter of 2008.