Legal Opinion

Starr International Co. v. United States

United States Court of Federal Claims

Decided July 2, 2012No. 11-779CPublishedCited by 20 opinions

1Opinion of the Court

OPINION AND ORDER ON DEFENDANT’S MOTION TO DISMISS

WHEELER, Judge.

This case arises from the Government's bailout of American International Group, Inc. (“AIG”) in September 2008 as AIG faced a liquidity crisis. At that time, Plaintiff, Starr International Company, Inc. (“Starr”) was one of the largest shareholders of AIG common stock. Starr alleges that rather than providing the liquidity support it offered to comparable financial institutions, Defendant (“the Government”)1 exploited AIG’s vulnerable financial position by becoming a controlling lender and controlling shareholder of AIG in…

2Cases cited79 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Conley v. GibsonSupreme Court of the United States · 1957
  4. Board of Regents of State Colleges v. RothSupreme Court of the United States · 1972
  5. Scheuer v. RhodesSupreme Court of the United States · 1974

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3Cited by20 opinions

  1. Starr International Company v. United StatesCourt of Appeals for the Federal Circuit · 2017
  2. Starr International Co., Inc. v. Federal Reserve Bank of New YorkCourt of Appeals for the Second Circuit · 2014
  3. Halim v. United StatesUnited States Court of Federal Claims · 2012
  4. Snyder & Associates Aquisitions LLC v. United StatesUnited States Court of Federal Claims · 2017
  5. Starr International Co. v. Federal Reserve BankDistrict Court, S.D. New York · 2012

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