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DRAIN v. COVENANT LIFE INS. CO.

551 Pa. 570 (1998)

712 A.2d 273

Reverend David Ross DRAIN and Reverend Michael Shea, on Behalf of themselves and all others similarly situated, Appellees, v. COVENANT LIFE INSURANCE COMPANY, Robert W. Kloss, Robert Lauterbach, William A. Pollard, Philip C. Herr, II, Leonard McCandless, George Jenkins, Eugene M. Twardowski and Provident Mutual Life Insurance Company of Philadelphia, Appellants.

Supreme Court of Pennsylvania.

Decided April 24, 1998.

Attorney(s) appearing for the Case

Laurence Z. Shiekman, L. Suzanne Forbis, Philadelphia, for Provident Mutual et al.

Kenneth A. Jacobsen, Haverford, for Rev. David Ross Drain et al.

William J. Luttrell, III, for Rev. Michael Shea.

Before FLAHERTY, C.J., and ZAPPALA, CAPPY, CASTILLE, NIGRO, NEWMAN and SAYLOR, JJ.

OPINION

NIGRO, Justice.

Policyholders of Covenant Life Insurance Company sued Covenant, its directors, and Provident Mutual Life Insurance Company after the Pennsylvania Insurance Commissioner approved a merger of Covenant and Provident in 1994. Jurisdiction and standing issues are currently before the Court. The trial court held that it has no jurisdiction over this action and that the policyholders lack standing to pursue their claims. The Superior...

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