Legal Opinion
Mayo v. Hartford Life Insurance
Court of Appeals for the Fifth Circuit
Decided January 7, 2004No. 02-21059PublishedCited by 88 opinions
1Opinion of the Court
E. GRADY JOLLY, Circuit Judge:
Wal-Mart Stores, Inc. (“Wal-Mart”) took out life insurance on its employees and made itself the beneficiary. This interlocutory appeal arises from a grant of partial summary judgment involving a dispute over death benefits from one of these company-owned life insurance (“COLI”) policies. Douglas Sims’ estate sued Wal-Mart on the ground that the COLI policy taken out in Sims’ name violated the Texas insurable interest doctrine. We hold that: 1) Texas law, which requires an “insurable interest” for valid life insurance policies, governs the dispute; 2) an employer…
2Cases cited32 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Salve Regina College v. RussellSupreme Court of the United States · 1991
- Johnson & Higgins of Texas, Inc. v. Kenneco Energy, Inc.Texas Supreme Court · 1998
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3Cited by88 opinions
- Martin K. Eby Construction Company, Inc. v. Dallas Area Rapid TransitCourt of Appeals for the Fifth Circuit · 2004
- Smith v. EMC CorporationCourt of Appeals for the Fifth Circuit · 2004
- Wal-Mart Stores, Inc. v. AIG Life InsuranceSupreme Court of Delaware · 2004
- Warfield v. ByronCourt of Appeals for the Fifth Circuit · 2006
- State Farm Lloyds v. PageTexas Supreme Court · 2010
83 more not listed; retrieve them via the Exa API.