Rose v. Rose

This post-divorce litigation concerns the nonpayment of life insurance premiums.

The 1980 judgment which divorced the parties made a detailed division of their property and provided periodic alimony for the wife. The husband was awarded all of the assets of the Stanley-Rose Company with the exception of the policy in question, insuring the husband's life, which was to remain the property of the wife. The husband was ordered to deliver the policy to the wife. It was provided that the husband would not be responsible for the repayment of any loans which were made against the policy prior to the…