American International Life Assurance Co. v. McGillicuddy

Order, Supreme Court, New York County (Barbara Kapnick, J.), entered on or about July 26, 2002, which, to the extent appealed from, denied appellant’s motion for summary judgment and granted respondent’s motion directing that the proceeds of the annuity account be released to him as executor, unanimously reversed, on the law, with costs, respondent’s motion denied, and appellant’s motion granted. The Clerk is directed to enter judgment accordingly.

In this interpleader action commenced by American International Life Insurance Company (American), the IAS court granted the motion of the…