AIG Financial Products Corp.

CASE SUMMARY: AIG Inc. Subsidiary AIG Financial Products Corp. Files Chapter 11 After 14-Year Wind-Down Process Stemming From 2008-2009 Financial Crisis

Wed 12/14/2022 16:02 PM
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Relevant Documents:
Voluntary Petition
First Day Declaration
Plan of Reorganization
Disclosure Statement
First Day Hearing Agenda
 
Summary
AIG Financial Products Corp. is a wholly owned direct subsidiary of American International Group Inc.
Plan of reorganization filed along with petition provides for satisfaction of nondebtor parent AIG Inc.’s $37.4 billion unsecured revolving loan claim
Debtor would pursue a sale process as a fallback to a plan of reorganization
Debtor traces filing to...
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