Earlier today The Bainbridge Law Firm shared its latest Life Insurance Bulletin. This edition analyzes a recent federal court decision permitting investors in several STOLI policies to pursue unjust enrichment claims against the carriers who accepted the premiums on the policies. Click here to read the Bulletin.
LIFE INSURANCE BULLETIN-Investors May Pursue Unjust Enrichment Claim Against Carriers
The Bainbridge Law Firm is pleased to announce that it has published the first in a series of bulletins designed to keep our clients, colleagues and friends advised of new filings and significant legal developments involving their respective industries. We will post the bulletins on this blog as they are published. The first Bulletin involves the life insurance industry and highlights a recent declaratory judgment action brought by a carrier seeking to void two small face amount life insurance policies that are purportedly the result of an illegal Stranger-Originated Life Insurance (STOLI) scheme. Click here to read the Bulletin.
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The Bainbridge Law Firm is a business litigation and counseling boutique that focuses on providing results oriented legal representation.