Legal Opinion
Cincinnati Life Insurance Comp v. Marjorie Beyrer
Court of Appeals for the Seventh Circuit
Decided July 8, 2013No. 12-2365PublishedCited by 465 opinions
1Opinion of the Court
KANNE, Circuit Judge.
In 2006, Kevin Beyrer (“Kevin”) and his wife Marjorie Beyrer (“Marjorie”) moved to Terre Haute, Indiana, to manage several car dealerships owned by Mark Savoree. The next year, Savoree proposed selling the dealerships to the Beyrers through a series of stock purchases to be financed by a $3.5 million loan from Casey State Bank (“CSB”). The Beyrers accepted and began the process of acquiring the dealerships. Soon after negotiating the loan with CSB, Kevin took out a life insurance policy with Cincinnati Life Insurance Co. that named Marjorie as the beneficiary. Two months…
2Cases cited33 opinions
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- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Yoshio Oto, of the Estate of Noboru Oto v. Metropolitan Life Insurance Company, Defendant/third-Party v. Ashby Beverley, Third-PartyCourt of Appeals for the Third Circuit · 2000
- Caisse Nationale De Credit Agricole, a French Banking Corporation v. Cbi Industries, Incorporated, a Delaware Corporation, Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1996
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3Cited by465 opinions
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- Jane Doe v. Village of Arlington HeightsCourt of Appeals for the Seventh Circuit · 2015
- Sarah Lee v. Ohio Educ. Ass'nCourt of Appeals for the Sixth Circuit · 2020
- Nora Chaib v. State of IndianaCourt of Appeals for the Seventh Circuit · 2014
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