Legal Opinion
Life Partners Inc. v. United States
Court of Appeals for the Fifth Circuit
Decided August 16, 2011No. 10-50354PublishedCited by 66 opinions
1Opinion of the Court
JENNIFER WALKER ELROD, Circuit Judge:
Plaintiffs, Life Partners Inc. and United Western Trust Company (hereinafter Life Partners), appeal from the district court’s order granting the United States’ motion to dismiss for lack of subject matter jurisdiction. We AFFIRM.
I
The facts are undisputed. Life Partners is in the business of purchasing at a reduced price existing life insurance polices that are owned by elderly or terminally-ill individuals. Those individuals then assign their rights in the policies to Life Partners, who collects the proceeds on behalf of their investors upon the death of…
2Cases cited19 opinions
- RANDALL D. WOLCOTT, MD, PA v. SebeliusCourt of Appeals for the Fifth Circuit · 2011
- United States v. NeustadtSupreme Court of the United States · 1961
- Block v. NealSupreme Court of the United States · 1983
- Clyde E. Williamson, D/B/A Triangle 44 Farms v. United States Department of AgricultureCourt of Appeals for the Fifth Circuit · 1987
- Truman v. United StatesCourt of Appeals for the Fifth Circuit · 1994
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3Cited by66 opinions
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- Wright ex rel. Wright v. United StatesDistrict Court, S.D. Mississippi · 2012
- Eugene Flores v. Select Energy Services, L.L.C.Court of Appeals for the Fifth Circuit · 2012
- McGuire v. United StatesCourt of Appeals for the Fifth Circuit · 2013
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