Legal Opinion
Western Reserve Life Assurance Co. v. ADM Associates, LLC
Court of Appeals for the First Circuit
Decided December 11, 2013No. 18-2206PublishedCited by 15 opinions
1Opinion of the Court
SELYA, Circuit Judge.
The outcome of this appeal is controlled by important questions of Rhode Island law and public policy as to which we have found no dispositive precedent. Because the Rhode Island Supreme Court is the ultimate arbiter of matters of Rhode Island law, we certify these unsettled questions to that court for guidance. See R.I. Sup.Ct. R. 6.
I. BACKGROUND
Joseph Caramadre believed that he had found the Holy Grail of investment strategies: a way to speculate in high-risk securities while shielding himself from the adverse effects of losses. To implement this scheme, he exploited a…
2Cases cited17 opinions
- Warnock v. DavisSupreme Court of the United States · 1882
- Securities & Exchange Commission v. Variable Annuity Life InsuranceSupreme Court of the United States · 1959
- Connecticut Mutual Life Insurance v. SchaeferSupreme Court of the United States · 1877
- PHL Variable Insurance v. Price Dawe 2006 Insurance Trust Ex Rel. Christiana Bank & Trust Co.Supreme Court of Delaware · 2011
- Nystedt v. NigroCourt of Appeals for the First Circuit · 2012
12 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- United States v. CaramadreCourt of Appeals for the First Circuit · 2015
- Pruco Life Insurance Company v. Wells Fargo Bank, N.A.Court of Appeals for the Eleventh Circuit · 2015
- Johnson v. JohnsonCourt of Appeals for the First Circuit · 2022
- Western Reserve Life Assurance Co. of Ohio v. ADM Associates, LLCSupreme Court of Rhode Island · 2015
- Parente v. LefebvreCourt of Appeals for the First Circuit · 2024
10 more not listed; retrieve them via the Exa API.