Posted January 26, 2013 by Mark in World

American International Group Inc (NYSE:AIG) Lobby Lawmakers Over A Deal On Plane-Lease Hires Patton Boggs

Northern, WI 1/26/2013 (avauncer) - American International Group Inc (NYSE:AIG) the insurer who was against government over 2008 bailout and repaid a US bailout last year, hires Patton Boggs LLP to lobby lawmakers above an agreement to sell its aircraft-leasing unit. Approval from regulators in China and the US is required for $4.2 billion deal, as the firm registered to represent American International Group Inc (NYSE:AIG) effectives Dec 7 the insurer says that they got rumors that it is selling to international lease finance corp. to a group of Chinese investors.

After US provided a sum of $182.3 billion rescue a month later American International Group Inc (NYSE:AIG) suspended all lobbying activities in October 2008. According to Washington-based firm’s website all regulatory and legal matters of international business deals are handled by Patton Boggs.

According to the spokesperson Jim Ankner, government officials are getting information about the company provided by the American International Group Inc (NYSE:AIG) on an ongoing basis.

American International Group Inc (NYSE:AIG) is up by 0.27% to a close at $36.70


Mark Vansetti founder and editor of three-time Rondo Award nominated movie news websites ERSInk.com, MovieGeekFeed.com, and TheSpectralRealm.com. He also served as a news reporter for the award winning movie website GordonandtheWhale.com. His work has been featured on Yahoo! Movies, Yahoo! News, Yahoo! TV, Associated Content from Yahoo!, DC Comics, StarWars.com, KISSOnline.com and The Movie Pool. Mark Vansetti is also a licensed attorney and, along with his Juris Doctor, holds a B.S. in Human Biology and a B.A. in Economics. Throughout his professional career, he has written on a variety of topics for the American Bar Association Health Law Section, Findlaw, Yahoo!, and other websites. He also served as the senior editor of the Law Review at the law school he attended.