Jury Rejects California Commissioner's Claims Against François Pinault's Company

, The Litigation Daily

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Gibson Dunn helped client Artemis SA fend off $4.3 billion in claims brought by California's insurance commissioner. A holding company controlled by French businessman François Pinault, Artemis was the last defendant left in a case stemming from the 1991 insolvency of Executive Life Insurance Company. On Monday, a U.S. district court jury in Los Angeles returned a verdict of no damages against Artemis.

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