Transamerica Assurance Corp. v. United States

MEMORANDUM OPINION

HEYBURN, Chief Judge.

This is an interpleader action filed by TransAmerica Assurance Corporation (“TAC”) the issuer of an annuity contract, the payment of which is in dispute. Discovery is now complete and the parties have filed motions for summary judgment. The interesting issue presented here is whether the doctrine of sovereign immunity precludes a state court from exercising jurisdiction over a case involving a settlement agreement entered into by the United States.

The Court has thoroughly discussed the issues with counsel at a conference. The Court concludes that the…