1. Home
  2. Browse Decisions
  3. F.Supp.2d
  4. 530 F.Supp.2d
  5. 530 F.Supp.2d 646 (2008)
 

LIFE PRODUCT CLEARING, LLC v. ANGEL

No. 07 Civ. 475(DC).

530 F.Supp.2d 646 (2008)

LIFE PRODUCT CLEARING LLC, Plaintiff, v. Linda ANGEL, Personal Representative of the Estate of Leon Lobel, Defendant. Linda Angel, Personal Representative of the Estate of Leon Lobel, Third-Party Plaintiff, v. Leon Lobel Insurance Trust and Jonathan S. Berck, as Trustee of the Leon Lobel Insurance Trust, Third-Party Defendants.

United States District Court, S.D. New York.

January 22, 2008.

Attorney(s) appearing for the Case

Thacher Proffitt and Wood LLP by Oliver J. Armas, Esq., Richard Francis Hans, Jr., Esq., New York, NY, For Plaintiff.

Holland & Knight LLP by David D. Howe, Esq., Marc L. Antonecchia, Esq., New York, NY, for Defendant.

Fein & Jakab by Peter Jakab, Esq., New York, NY, for Third-Party Defendants.

OPINION

CHIN, District Judge.

On November 15, 2005, Leon Lobel — a retired butcher who was then seventy-seven years old — established the Leon Lobel Insurance Trust (the "Trust"), naming himself as the "Initial Beneficiary." The same day, he applied for a $10 million life insurance policy (the "Policy"), designating the Trust as the sole beneficiary. The premium for the Policy for the first year alone was $572,000, an amount Lobel could...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases