AIG’s financial products subsidiary files for Chapter 11 after 14-year wind-down
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AIG’s financial products subsidiary files for Chapter 11 after 14-year wind-down

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AIG’s financial products unit has filed for Chapter 11 bankruptcy protection in a Delaware court, concluding a wind-down process that has been ongoing since the 2008 financial crisis.

Alvarez & Marsal North America and Latham & Watkins are advisers to the financial products unit in the bankruptcy process.

The

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