FIRST ALLMERICA FINANCIAL LIFE v. MINNESOTA LIFE

No. CIV.A.01-40191-NMG.

188 F.Supp.2d 101 (2002)

FIRST ALLMERICA FINANCIAL LIFE INSURANCE COMPANY, Plaintiff, v. MINNESOTA LIFE INSURANCE COMPANY Defendant.

United States District Court, D. Massachusetts.

February 28, 2002.


Attorney(s) appearing for the Case

Howard M. Cooper, Juliet A. Davidson, Todd & Weld, Boston, MA, for First Allmerica Financial Life Insurance Company, Plaintiff.

John A. Shope, Foley, Hoag & Eliot, Boston, MA, Garold Felland, Minnesota Life Insurance Company, St. Paul, MN, Roland C. Goss, Jorden Burt LLP, Washington, DC, for Minnesota Life Insurance Company, Defendant.


MEMORANDUM AND ORDER

GORTON, District Judge.

This case arises out of a dispute about the purchase price of an asset acquisition. The parties are stock life insurance companies who entered into an agreement whereby the defendant, Minnesota Life Insurance Company ("Minnesota Life"), purchased from the plaintiff, First Allmerica Financial Life Insurance Company ("First Allmerica"), certain contribution retirement plan contracts, including group annuity contracts...

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