GLADSTONE v. U.S. BANCORP

No. 13-55773.

811 F.3d 1133 (2016)

Leslie T. GLADSTONE, Chapter 7 Trustee, Plaintiff-Appellee, v. U.S. BANCORP, a Delaware corporation; U.S. Bank N.A., a banking subsidiary; and Coventry First LLC, a Delaware limited liability company; Defendants-Appellants, David M. Green, Debtor-In Re.

United States Court of Appeals, Ninth Circuit.

Filed January 8, 2016.


Attorney(s) appearing for the Case

Susan C. Stevenson (argued), and Jennifer E. Duty , Pyle Sims Duncan & Stevenson, San Diego, CA, for Defendants-Appellants.

Sean C. Coughlin (argued), Financial Law Group, La Jolla, CA, for Plaintiff-Appellee.

Roland R. Peterson and Angela M. Allen , Jenner & Block, LLP, Chicago, IL; Carl N. Wedoff , Jenner & Block, LLP, New York, N.Y., for Amicus Curiae National Association of Bankruptcy Trustees.

Before: SIDNEY R. THOMAS, Chief Judge, CONSUELO M. CALLAHAN, Circuit Judge and JAMES K. SINGLETON, Senior District Judge.


OPINION

In recent years, a substantial market has developed for the purchase of unmatured term life insurance policies. In these "viatical settlement" or "life settlement" transactions, the policyholder receives a lump-sum settlement greater than the cash surrender value of the policy, but less than the policy's death...

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