Saturday, September 30, 2023
Courthouse News Service
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Lawrence Eagleburger Demands $10 Million|From AIG Global Investment Group

MANHATTAN (CN) - After the fiasco in which public opposition forced Dubai Ports World to rescind its offer to buy several U.S. port operations, AIG Global Investment Group hired former Secretary of State Lawrence Eagleburger for $50,000 a month to help AIG put together its own bid for the ports. Now Eagleburger demands $10 million from AIG, claiming it used his name without permission, and claimed to have appointed him to its board - without informing him or paying him for it - "to induce P&O Holdings (the ports operator) to accept AIG's ... proposal to purchase its stock." See complaint.

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