MEDIA

November 29, 2010

Schlam Stone Represents AXA in $200 Million Dispute with ING

In November 2010, Schlam Stone & Dolan filed a lawsuit on behalf of AXA Mediterranean Holding, a Spanish unit of France’s AXA SA, against ING Insurance International B.V. The lawsuit arises from a transaction that closed in July 2008 pursuant to which ING sold AXA several Mexican companies, including a Mexican insurance company and a Mexican bond company and alleges breaches by ING of representations and warranties ING provided to AXA with respect to the financial condition of those companies. The complaint is available here.

The Schlam Stone & Dolan legal team representing AXA includes partners Jeffrey M. Eilender, John M. Lundin and Erik S. Groothuis. AXA is also represented by lawyers from the Washington, D.C. office of Mayer Brown LLP.

Coverage of the case can be found here: