The collapse of AIG during the financial crisis eight years ago hung over arguments in a federal appeals court on Monday about the government’s designation of insurance giant MetLife as a “systemically important financial institution”—too big to fail, in laymen’s terms.

That designation by the Financial Stability Oversight Council triggered increased government oversight and regulation for MetLife. The company went to court, arguing the council failed to follow federal law and its own guidelines. A U.S. district judge earlier this year agreed, prompting the government to take the case to the U.S. Court of Appeals for the D.C. Circuit.

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