http://lawshucks.com/2009/03/more-on-aig-bonus-counsel/ A self-deprecating look at life in and after BigLaw Fri, 19 Mar 2010 14:03:28 -0400 http://wordpress.org/?v=2.9.2 hourly 1 http://lawshucks.com/2009/03/more-on-aig-bonus-counsel/#comment-396 AIGShucks Wed, 25 Mar 2009 14:04:35 +0000 http://lawshucks.com/?p=1236#comment-396 really good analysis, LS - why couldn't AIG go to these bonus individuals and say we're cutting it by 50% come sue us for the rest? Maybe, just maybe, these bonus contracts had cost of recovery provisions in them - knowing that AIG is on the losing end of the argument - the individuals would also win (reasonable) legal fees. However (especially based on the DeSantis op-ed piece in today's NYT), it is clear there a like-minded individuals at AIG who would have taken less without all the brouhaha really good analysis, LS – why couldn't AIG go to these bonus individuals and say we're cutting it by 50% come sue us for the rest? Maybe, just maybe, these bonus contracts had cost of recovery provisions in them – knowing that AIG is on the losing end of the argument – the individuals would also win (reasonable) legal fees. However (especially based on the DeSantis op-ed piece in today's NYT), it is clear there a like-minded individuals at AIG who would have taken less without all the brouhaha

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