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IN BRIEF/ INSURANCE

Ex-Chief of AIG Wins Right to See Memos

October 03, 2006|From Bloomberg News

Former American International Group Inc. Chief Executive Maurice "Hank" Greenberg won the right to see attorney memos that were turned over to New York Atty. Gen. Eliot Spitzer before the state accused him of fraud.

Charles Ramos, a judge in New York state's trial court, said Greenberg was entitled to some memos drafted by lawyers working for AIG that were later used in a report that Spitzer used as part of his settlement with AIG.

Ramos said that although the report was never made public, some of the documents weren't covered by attorney-client privilege because they "provided a basis upon which factual or legal conclusions were made in the unprivileged report."

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