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Judge rejects Wells Fargo motion to toss STOLI lawsuit

Judge rejects Wells Fargo motion to toss STOLI lawsuit
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Delaware Supreme Court's Long‐Awaited Decision May Raise More Questions Than It Answers | Orrick, Herrington & Sutcliffe LLP

On November 16, 2021, the Supreme Court of Delaware issued an opinion in Lavastone Capital LLC v. Estate of Beverly E. Berland (“Berland”) answering three certified questions under. ....

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11th Circuit sends STOLI questions to Delaware Supreme Court

A federal appeals court on Thursday asked the Delaware Supreme Court to decide whether a state law that voids “stranger-originated life insurance” policies, or STOLIs, can be enforced against a subsequent investor who acquired the policy in good faith. ....

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