1st Source Bank v. Commerce & Industry Insurance Company et al

  1. September 16, 2015

    Lender Says $4M Suit Over Seized Plane Isn't Time-Barred

    An Indiana bank has urged a federal judge to reject an AIG Inc. unit's assertion that it waited too long to file a lawsuit seeking $4.3 million from the insurer after an aircraft for which the bank provided a loan was seized by Brazilian tax officials, arguing that a one-year limitation in the policy doesn't apply.

  2. March 24, 2015

    Lender Smacks AIG With $4M Suit Over Seized Business Plane

    An Indiana bank hit a unit of AIG Inc. with a lawsuit in federal court Monday, arguing the insurer should cough up $4.3 million after an aircraft the bank provided a loan for was seized by Brazilian tax authorities.