Legal Opinion

Western Reserve Life Assurance Co. of Ohio v. ADM Associates, LLC

Supreme Court of Rhode Island

Decided June 17, 2015No. 2014-35-M.PPublishedCited by 13 opinions

1Opinion of the Court

*796OPINION

Chief Justice SUTTELL,

for the Court.

A rapacious investment scheme exploiting the complexities of certain variable annuity policies provides the context for two questions certified to this Court by the United States Court of Appeals for the First Circuit (First Circuit) pursuant to Article I, Rule 6 of the Supreme Court Rules of Appellate Procedure. The first question asks whether an “annuity [is] infirm for want of an insurable interest” when “the owner and beneficiary of an annuity with a death benefit is a stranger to the annuitant * * *?” The second question inquires whether “a…

2Cases cited17 opinions

  1. Warnock v. DavisSupreme Court of the United States · 1882
  2. Massachusetts Benefit Life Ass'n v. RobinsonSupreme Court of Georgia · 1898
  3. Grigsby v. RussellSupreme Court of the United States · 1911
  4. Simeone v. CharronSupreme Court of Rhode Island · 2000
  5. Tracie Peloquin, as Administratrix of the Estate of Pearl E. Archambault v. Haven Health Center of Greenville, LLCSupreme Court of Rhode Island · 2013

12 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. United States v. CaramadreCourt of Appeals for the First Circuit · 2015
  2. Mark Mancini v. City of ProvidenceSupreme Court of Rhode Island · 2017
  3. 5750 Post Road Medical Offices, LLC v. East Greenwich Fire DistrictSupreme Court of Rhode Island · 2016
  4. Christopher G. Rein v. ESS Group, Inc.Supreme Court of Rhode Island · 2018
  5. Bayview Loan Servicing, LLC v. Providence Business Loan Fund, Inc., f/k/a Providence Economic Development CorporationSupreme Court of Rhode Island · 2019

8 more not listed; retrieve them via the Exa API.

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