Legal Opinion
Continental Assurance Co. v. Cedar Rapids Pediatric Clinic
Court of Appeals for the Eighth Circuit
Decided February 25, 1992No. Nos. 90-1891, 90-1892, 90-1894, 90-1956, 90-1957 and 90-2094PublishedCited by 8 opinions
1Opinion of the Court
McMILLIAN, Circuit Judge.
William Morton, who is not a party to any of these cases, was an insurance agent and a pension plan administrator. Morton sold many split-funded insurance contracts to pension plans, which provided insurance and also permitted deposits to “side accounts” for investment purposes. Continental Assurance Co. (CAC) issued one such contract, entitled GP-9395, to “William Morton as Agent for Certain Qualified Plans.” This plan was designed to allow smaller pension plans to achieve economies of scale by grouping together. Morton received several million dollars from various…
2Cases cited11 opinions
- Iron Workers Local 272 v. BowenCourt of Appeals for the Fifth Circuit · 1980
- Frances Kern v. Txo Production CorporationCourt of Appeals for the Eighth Circuit · 1984
- Joan Lawrence v. Carl L. Westerhaus, Edward A. Shepard and Bobby HannaCourt of Appeals for the Eighth Circuit · 1984
- James E. Northern and Shirley Northern v. McGraw Company, Betty Soper and Jeffson Industries, Inc., Intervenors-AppelleesCourt of Appeals for the Eighth Circuit · 1976
- United States v. Alvin August KramerCourt of Appeals for the Eighth Circuit · 1987
6 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Brenda Fletcher-Merrit v. Noram Energy CorporationCourt of Appeals for the Eighth Circuit · 2001
- Stuart Park Associates Ltd. Partnership v. Ameritech Pension TrustDistrict Court, N.D. Illinois · 1994
- Thomas Maune v. International Brotherhood Of Electrical Workers, Local # 1, Health And Welfare FundCourt of Appeals for the Eighth Circuit · 1996
- Barry v. BarryCourt of Appeals for the Eighth Circuit · 1996
- Maune v. International Brotherhood of Electrical Workers, Local 1, Health & Welfare FundCourt of Appeals for the Eighth Circuit · 1996
3 more not listed; retrieve them via the Exa API.