Legal Opinion
Neuma, Inc. v. EI DuPont De Nemours and Co.
District Court, N.D. Illinois
Decided March 9, 2001No. 98 C 1597PublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
LEVIN, United States Magistraté Judge.
Before the court are the parties cross-motions for summary judgment in the cause.
BACKGROUND FACTS
Neuma is a viatical settlement company. Pl.’s Local Rule 56.1(a)(3) St. ¶ 1. A viatical settlement is accomplished when a person, typically an individual with a terminal illness, assigns his or her rights under a life insurance policy to Neuma and, in ex change, receives a discounted lump sum payment from Neuma of the face value of the insurance policy. Id. After the assignment is made, Neuma continues to pay any applicable premiums…
2Cases cited33 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Shaw v. Delta Air Lines, Inc.Supreme Court of the United States · 1983
- Pilot Life Insurance v. DedeauxSupreme Court of the United States · 1987
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3Cited by6 opinions
- In Re Xcel Energy, Inc., Securities, Derivative & "ERISA" LitigationDistrict Court, D. Minnesota · 2004
- Neuma, Inc. v. Wells Fargo & Co.District Court, N.D. Illinois · 2006
- Bank of America, N.A. v. Outboard Marine Corp. (In Re Outboard Marine Corp.)United States Bankruptcy Court, N.D. Illinois · 2004
- Flanagan v. Allstate InsuranceDistrict Court, N.D. Illinois · 2004
- ATLANTIC SHORE SURGICAL ASSOCIATES v. UNITED HEALTHCARE INSURANCE COMPANYDistrict Court, D. New Jersey · 2021
1 more not listed; retrieve them via the Exa API.