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Legal News

: The AM Law Daily

Vedder Price, Milbank on $2 Billion Macquarie Deal for AIG Aircraft Unit

By Julie Triedman

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The U.S. government hoped to sell off AIG's entire airline leasing business to raise cash for the battered insurer--and to recoup some of the $180 billion it spent bailing out the company. But after pulling back from an auction-sale when it couldn't get the price it wanted, AIG unit ILFR is selling just part of its massive 900-plane fleet.

Full post as published by The AM Law Daily on April 14, 2010 (boomark / email).

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