Businessman Gerry McCaughey tries to thwart AIG’s $4m US judgment tilt over soured New York hotel investment plan

Irish businessman Gerry McCaughey has insisted that insurance giant AIG should be prevented from securing a $4m (€3.7m) summary judgment against him in the United States. AIG was initially planning to seek the judgment in Los Angeles last week.

he dispute stems from a soured hotel investment plan in New York that was backed by Anglo Irish Bank, later IBRC, and a number of wealthy investors.

Source link

Denial of responsibility! insideheadline is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.