Legal Opinion
Steiniger v. Marmis
Court of Appeals of Arizona
Decided March 29, 1990No. 2 CA-CV 89-0277PublishedCited by 1 opinion
1Opinion of the Court
OPINION
LIVERMORE, Presiding Judge.
Appellant Fred Steiniger, appellee Cary Marmis, and a third person were partners in various land development ventures. By contract each had the right to purchase life insurance on the life of other partners. Steiniger did so on the life of Marmis. On August 3, 1987, the partners terminated the partnership, each receiving a portion of the partnership assets and each agreeing to indemnify the others for any liabilities arising from the assets now individually owned (each of the partners was individually liable on loans made to the partitioned entities). Over…
2Cases cited2 opinions
- North River Insurance Co., New York, NY v. FisherCourt of Appeals of Texas · 1972
- Maderios v. SavinoSupreme Court of Rhode Island · 1980
3Cited by1 opinion
- Zurich Life Insurance Co. of America v. Zoo Stage, Inc.Court of Appeals for the Ninth Circuit · 2006