AIG Hired Law Firm Weil, Gotshal & Manges To Draw Up Bankruptcy Papers-NYT
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The New York Times reported that American International Group (NYSE: AIG) has hired law firm Weil, Gotshal to draw up bankruptcy papers, and AIG could file for bankruptcy as soon as tomorrow if a remedy solution is not reached.
AIG is using the same firm that Lehman Brothers (NYSE: LEH) used for its bankruptcy.
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