Legal Opinion
People v. Coventry First LLC
New York Court of Appeals
Decided June 30, 2009PublishedCited by 40 opinions
1Opinion of the Court
OPINION OF THE COURT
Pigott, J.
In recent years, an industry has developed in the United States in which investors, known as life settlement providers, buy life insurance policies from policy owners for cash, ultimately receiving the benefits of the policies when the insureds die. An example will illustrate the type of transaction involved. A company that holds a policy insuring the life of an executive who has retired wishes to sell the policy, to avoid paying premiums. A life settlement provider buys the life insurance policy from the company, for an amount exceeding the surrender value…
2Cases cited11 opinions
- Volt Info. Sciences, Inc. v. Bd. of Trustees of Leland Stanford Jr. U.Supreme Court of the United States · 1989
- Equal Employment Opportunity Commission v. Waffle House, Inc.Supreme Court of the United States · 2002
- EBC I, Inc. v. Goldman, Sachs & Co.New York Court of Appeals · 2005
- Murphy v. KuhnNew York Court of Appeals · 1997
- AG Capital Funding Partners, L.P. v. State Street Bank & Trust Co.New York Court of Appeals · 2005
6 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- Schroeder v. Pinterest Inc.Appellate Division of the Supreme Court of the State of New York · 2015
- Marini v. AdamoDistrict Court, E.D. New York · 2014
- Marini v. AdamoCourt of Appeals for the Second Circuit · 2016
- People v. Credit Suisse Sec.New York Court of Appeals · 2018
- Rent-A-Center, Inc. v. Iowa Civil Rights CommissionSupreme Court of Iowa · 2014
35 more not listed; retrieve them via the Exa API.