Arent Fox Partner Jule Rousseau Quoted in The Wall Street Journal

    September 26, 2011

    Arent Fox’s Jule Rousseau, a partner in the firm’s insurance group in New York, was quoted in September 26 edition of The Wall Street Journal.  In the article titled “Ruling Is Defeat for Death-Bet Investors,” Mr. Rousseau comments on two closely watched decisions by the Delaware supreme court which ruled “insurers can challenge the legitimacy of a policy that had changed hands at any point, even after the standard two-year window for contesting policy payouts has expired.” The rulings “may embolden insurers to challenge more policies, and raises the risks for investors who own the policies,” reports The Wall Street Journal. “[T]he impact of the Delaware's Supreme Court rulings could be felt far beyond the small state's borders. Judges in other states may adopt Delaware's reasoning.”