4/25/2012

American International Group filed a lawsuit against former International Lease Finance CEO Steven Udvar-Hazy and 10 other former executives of the aircraft-leasing unit. AIG said the executives stole trade secrets and breached their fiduciary duty when they left the company. Air Lease, formed by Udvar-Hazy when he left ILFC, said AIG sued because its unit cannot compete.

Full Story:
Bloomberg

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