Student NameCourse Name and CodeSemesterUniversityTutorDate of SubmissionAIG Current Issues Pertaining to Business LawIntroductionAIG (American International root system Inc ) has most recently been a common feature on American as well as international headlines pursuit its possibility of going into liquidation as a final result of purpose of financial difficulties . The federal regime bailout extended to the confederation to protagonist it in reviving its activities has also been a of watchword avocation all these , issues related to parentage law allow been a common occurrence as AIG fights legal battles and accusations from fierce customers demanding their investing monies . AIG has as a result lost clients , employees and care in general . This focuses on these and other menstruation events pertaining to busine ss law at AIGAnalysisAIG was recently faced with an economic downturn as a result of the actual economic crisis .
AIG is express to have made losses worth 62 billion in the fourth quarter of 2008 (Sorkin , 11-14 . As a result , it has non been able to pay its credit dues on time . Creditors atomic number 18 constantly knocking on AIG s doors to obtain their money as they fear that the partnership could fail to pay them under the current financial difficulties it is experiencing . AIG has resulted in selling its assets in to meet its obligations to creditors and arising 2008 it obtained bailout from the governmentFollowing the government bailout , AIG is no longer a wholly head-to-h ead company . The majority shares of AIG...I! f you want to get a rich essay, wander it on our website:
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