2002 Lawrence R. Buchalter Alaska Trust v. Philadelphia Financial Life Assurance Co.
District Court, S.D. New York
1Opinion of the Court
OPINION & ORDER
KENNETH M. KARAS, District Judge.
Plaintiffs The 2002 Lawrence R. Buchal-ter Alaska Trust (“the Trust”), Alaska Trust Company, and Stephen C. Harris (“Harris”) assert seven causes of action against Defendant Philadelphia Financial Life Assurance Company (“PFLAC”), formerly known as AGL Life Assurance Company, from which the Trust purchased a variable universal life insurance policy. Defendant moves to dismiss all seven causes of action. For the following reasons, Defendant’s Motion To Dismiss is granted in part and denied in part.
I. Background
A. Factual Background
The following…
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