WCC Funding Ltd. v. Gan International

OPINION AND ORDER

NORGLE, District Judge:

Before the court are the cross motions of defendant GAN International (“GAN”) and of plaintiff WCC Funding Limited (‘WCC”) for summary judgment on counts I and II of the complaint. For the following reasons, GAN’s motion is granted and WCC’s motion is denied.

FACTS 1

WCC is an Illinois corporation, with its principal place of business in Chicago, Illi nois, formed specifically to acquire the outstanding capital stock of Hawkeye National Life Insurance Company (“HNL”). HNL is an Iowa corporation with its principal place of business in Des Moine, Iowa.…