A $2.28bn (£1.25m) share transfer by former AIG chairman and chief executive Maurice "Hank"...
A $2.28bn (£1.25m) share transfer by former AIG chairman and chief executive Maurice "Hank" Greenberg from AIG to his wife will now be allowed, according to Greenberg's lawyers.
Ohio authorities had filed a suit in May against Greenberg to put a hold on his transfer of shares, in light of investigations into the insurer.
Greenberg's spokesman said: "The original transfer was completely misunderstood and caused needless distractions and wasteful litigation."
