Reinsurance and Insolvency
10/5/2007 12:08:10 PM EST
Lincoln General Added In Dispute Between AIG, Robert Plan
Editor, Mealey's Litigation Reports: Reinsurance and Insurance Insolvency
NEW YORK — In a case in which American International Group (AIG) is accusing the Robert Plan Corp. (TRP) and its top executives of diverting funds, a New York state justice on Sept. 26 allowed AIG to amend its complaint to name Lincoln General Insurance Co. as a defendant (AIU Insurance Co., et al. v. The Robert Plan Corp., No. 603159/05, N.Y. Sup., New York Co.).
New York County Supreme Court Justice Bernard J. Fried also allowed AIG to bring additional breach of contract and tortious interference claims. In addition, he granted TRP’s motion to enjoin AIG’s counsel from communicating with TRP’s board of directors.
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