Western Reserve Life Assurance Co. v. ADM Associates, LLC

SELYA, Circuit Judge.

This is an appeal from a judgment entered by the United States District Court for the District of Rhode Island. See W. Reserve Life Assur. Co. of Ohio v. Conreal LLC, 715 F.Supp.2d 270, 290 (D.R.I.2010), on reconsideration in part sub nom. W. Reserve Life Assur. Co. of Ohio v. Caramadre, 847 F.Supp.2d 329 (D.R.I.2012). The underlying case was brought in diversity jurisdiction, see 28 U.S.C. § 1332(a), and the substantive rules of decision emanate from Rhode Island law, see Erie R.R. Co. v. Tompkins, 304 U.S. 64, 78, 58 S.Ct. 817, 82 L.Ed. 1188 (1938).

We heard oral…