Legal Opinion
American International Group, Consol. Deriv. Lit.
Court of Chancery of Delaware
Decided June 17, 2009No. C.A. 769-VCSPublishedCited by 64 opinions
1Opinion of the Court
OPINION
STRINE, Vice Chancellor.
I. Introduction
The motion to dismiss now pending in this derivative suit brought on behalf of American International Group, Inc. raises the following question: may AIG sue its co-conspirators for the harm that AIG suffered as a result of two alleged, illegal conspiracies involving AIG and those third-party conspirators?
The two supposed conspiracies are separate. First, according to the First Amended Combined Complaint (the “Complaint”), AIG engaged in an illegal bid-rigging conspiracy to carve up the market for certain insurance contracts (the “Bid-Rigging…
2Cases cited37 opinions
- Pinter v. DahlSupreme Court of the United States · 1988
- Perma Life Mufflers, Inc. v. International Parts Corp.Supreme Court of the United States · 1968
- Malpiede v. TownsonSupreme Court of Delaware · 2001
- In Re General Motors (Hughes) Shareholder LitigationSupreme Court of Delaware · 2006
- American Society of Mechanical Engineers, Inc. v. Hydrolevel Corp.Supreme Court of the United States · 1982
32 more not listed; retrieve them via the Exa API.
3Cited by64 opinions
- Barry Belmont v. MB Investment Partners, Inc.Court of Appeals for the Third Circuit · 2013
- The Honorable Karen Weldin Stewart, CIR-ML, Insurance Commissioner v. Wilmington Trust SP Services, Inc.Court of Chancery of Delaware · 2015
- Louisiana Municipal Police Employees' Retirement System v. PyottCourt of Chancery of Delaware · 2012
- Hazout v. Tsang Mun TingSupreme Court of Delaware · 2016
- In Re Amerco Derivative LitigationNevada Supreme Court · 2011
59 more not listed; retrieve them via the Exa API.