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STARR INTERN. v. FEDERAL RESERVE BANK OF NEW YORK

No. 11 Civ. 8422 (PAE).

906 F.Supp.2d 202 (2012)

STARR INTERNATIONAL CO., individually and derivatively on behalf of American International Group, Inc., Plaintiff, v. FEDERAL RESERVE BANK OF NEW YORK, Defendant, American International Group, Inc., Nominal defendant.

United States District Court, S.D. New York.

November 16, 2012.

Attorney(s) appearing for the Case

Duane Louis Loft, Nicholas A. Gravante, Jr., Robert Jeffrey Dwyer, Boies, Schiller & Flexner, LLP, John L. Gardiner, Skadden, Arps, Slate, Meagher & Flom, L.L.P., David Boies, II, Julia Carolyn Hamilton, Armonk, NY, for Plaintiff.

Gary W. Kubek, John S. Kiernan, Maeve L. O'Connor, Debevoise & Plimpton, LLP, Shari Debra Leventhal, Federal Reserve Bank of New York, New York, NY, for Defendant.

Joseph S. Allerhand, Stephen Alan Radin, Weil, Gotshal & Manges LLP, New York, NY, for Nominal defendant.

OPINION & ORDER

PAUL A. ENGELMAYER, District Judge.

This case arises out of the unprecedented financial crisis that unfolded during fall 2008, and, in particular, out of the federal government's rescue of American International Group, Inc. ("AIG"). Plaintiff Starr International Co. ("Starr"), a major stockholder in AIG, challenges, directly and derivatively on AIG's behalf, various actions taken...

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