Judge rejects Wells Fargo motion to toss STOLI lawsuit insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
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.
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.