EFG Bank AG v. AXA Equitable Life Ins. Co.
District Court, S.D. Illinois
1Opinion of the Court
JESSE M. FURMAN, United States District Judge
In these related cases, the owners and beneficiaries of flexible-premium universal life insurance policies bring claims against the issuer of those policies, Defendant AXA Equitable Life Insurance Company ("AXA"). The Court described the policies at issue in Brach Family Found., Inc. v. AXA Equitable Life Ins. Co. , 16-CV-740 (JMF), 2016 WL 7351675 (S.D.N.Y. Dec. 19, 2016), a related case, and will not repeat the description here. For now, it suffices to say two things. First, each of the policies-which are known as Athena Universal Life II ("AUL…
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