Publications

"A Short-Lived Victory for MetLife Over SIFI Designation?" Law360 April 12, 2016

“MetLife Inc. is, at least for the time being, no longer a nonbank systemically important financial institution,” writes Aaron J. Aisen of Goldberg Segalla’s Insurance Regulatory and Global Insurance Services Practice Groups in this examination of the long-awaited decision in the MetLife v. Financial Stability Oversight Council litigation.

“The implications of this decision for MetLife and the insurance industry as a whole are not entirely clear given the nature of the opinion. … This is a process decision, and they create considerably more ambiguity than a decision on substance.”

The article analyzes the decision and the grounds on which the court overturned the SIFI designation — all based on principles of administrative law — to examine what the ruling could mean for the insurance industry.

Read the article here: