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News
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November 18, 2011
Arent Fox Partner Jule Rousseau Quoted in The Life Settlements Wire
Arent Fox’s Jule Rousseau, a partner in the firm’s insurance practice in New York, was quoted in The Life Settlements Wire in an article discussing the November 14 decision by a Florida federal court in an alleged $10 million stranger-originated life insurance (STOLI) case. The court sided with the carrier, Pruco Life Insurance Co., allowing it to void the policy and keep the premiums. This decision continues a trend in which Florida cases have generally gone for the carriers while California rulings have favored the life settlement industry. To read the full article, click here. |
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