A defunct California insurer with a pesky junk-bond problem; Salma Hayek's French-speaking billionaire husband; a 13-year lawsuit filed by a state insurance commissioner: These all were elements in a $4.3 billion case alleging chicanery in the acquisition of that insurer's assets.
Gibson, Dunn & Crutcher partner and international litigation specialist Robert Weigel convinced two federal juries that client Artémis S.A. and its owner François Pinault were not civilly liable for any damages after a long and winding legal battle dating to the 1991 failure of Executive Life Insurance Co., which went down in the Drexel Burnham Lambert junk-bond scandal.
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