Mexican business dispute - Mercedes-Benz Forum

LinkBack Thread Tools Display Modes
post #1 of 2 (permalink) Old 05-02-2008, 02:15 PM Thread Starter
BenzWorld Elite
Date registered: Feb 2006
Vehicle: 1999 ML320
Location: Ratville
Posts: 24,029
Mentioned: 1 Post(s)
Quoted: 310 Post(s)
(Thread Starter)
Mexican business dispute

First , you are put into jail.

AIG executive released from Mexican jail
Posted On: May 01, 2008 12:32 PM CST
By Roberto Ceniceros

MEXICO CITY—Mexican authorities late Wednesday released a jailed American International Group Inc. executive after the insurer settled a commercial policy coverage dispute with TV Azteca S.A. de C.V.

In return for settling the disputed directors and officers insurance claim, TV Azteca withdrew a criminal complaint and advocated for the release of Norberto Luis Ferrara Perini, who heads AIG Mexico Seguros Interamericana S.A. de C.V., according to a spokesman for New York-based AIG. The spokesman did not reveal the terms of the claims settlement.

Mr. Ferrara and an outside attorney for AIG, Nestor Diaz Barriga, were arrested on April 25, the AIG spokesman said. Before the arrest AIG’s Mexican unit had argued in civil court in Mexico that the TV Azteca insurance claim lacked merit.

Although, Mr. Ferrara is the top executive for the Mexican insurance unit he was not working in Mexico in May 2004 when AIG originally denied the D&O claim filed by TV Azteca, a media company and unit of Mexico City-based Grupo Salinas.

Mr. Ferrara and Mr. Diaz had been held on fraud charges, according to brokers familiar with the case.
mlfun is offline  
Sponsored Links
post #2 of 2 (permalink) Old 05-02-2008, 02:16 PM Thread Starter
BenzWorld Elite
Date registered: Feb 2006
Vehicle: 1999 ML320
Location: Ratville
Posts: 24,029
Mentioned: 1 Post(s)
Quoted: 310 Post(s)
(Thread Starter)
The guy does not even work there anymore...
mlfun is offline  
Sponsored Links

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply

Register Now

In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode

    Similar Threads
    Topic Author Forum Replies Last Post
    Lesbos islanders dispute gay name Jakarta Expat Off-Topic 3 05-02-2008 06:43 AM
    FOX BUSINESS: Open for business on October 15 Jayhawk Off-Topic 3 10-15-2007 11:57 AM
    Anyone ever filed a paypal dispute? Deltasonik C208/A208 CLK-Class 9 10-04-2007 02:56 PM
    OT - Bank dispute BrisK230 R170 SLK-Class 2 10-06-2006 11:05 AM
    Dispute delays Mercedes settlement Wolfgang W163 M-Class 6 12-23-2002 04:58 AM

    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On


    Title goes here

    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome