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Greenberg to see AIG documents

American International Group (AIG) has been ordered to give its former CEO and chairman, Maurice “Hank” Greenberg, access to company documents by the New York Court of Appeals.

Greenberg has been trying to access the documents, which he says are necessary for his defence against regulatory legal actions, for three years.

In February this year he won the right to access the documents when an appeals court ruling overturned a lower court decision denying Greenberg and former AIG CFO Howard Smith access.

A spokesman for Greenberg said he expected AIG to hand over the documents by 15 June.

“This decision involved 16 documents that have no bearing on any of the transactions in the attorney general's case,” said AIG spokesman Chris Winans.

However, Greenberg’s lawyer Nicholas Gravante said: “There are thousands of documents covered by this order and we will continue to press to get each and every one of them.”

The document dispute with AIG is one element of a protracted legal fight between Greenberg and his former company.

Greenberg was forced out of AIG in 2005 amid investigations into alleged financial misconduct.

He may also face SEC charges after receiving a Wells Notice last month indicating possible charges over his role in reinsurance transactions between AIG and an affiliate, as well as with Berkshire Hathaway’s General Re Corp unit.

Five former executives of AIG and General Re were convicted earlier this year for their parts in a $500mn sham reinsurance transaction.

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