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BANNER LIFE INS. CO. v. U.S. BANK, NA

Civil Action No. 1:12-CV-00047-RGA.

931 F.Supp.2d 629 (2013)

BANNER LIFE INSURANCE COMPANY, Plaintiff, v. U.S. BANK, NA, as Securities Intermediary, and the Bancorp Bank, Defendant.

United States District Court, D. Delaware.

March 21, 2013.

Attorney(s) appearing for the Case

Joseph C. Schoell, Esq. , Drinker Biddle & Reath LLP, Wilmington, DE, Timothy J. O'Driscoll, Esq. , Drinker Biddle & Reath LLP, Philadelphia, PA, for Plaintiff.

Philip A. Rovner, Esq. , Potter Anderson & Corroon, LLP, Wilmington, DE, John G. Hutchinson, Esq. , Sidley Austin, LLP, New York, NY, for Defendant, U.S. Bank N.A.

David L. Braverman, Esq. , Richard S. Julie, Esq. , Benjamin Garber, Esq. , Braverman Kaskey PC, Philadelphia, PA, for Defendant, The Bancorp Bank.

MEMORANDUM OPINION

ANDREWS, District Judge:

Before the court is U.S. Bank's motion to dismiss the complaint pursuant to Federal Rule of Civil Procedure 12(b)(1) and (6). (D.I. 35). Additionally, Banner has moved to dismiss Bancorp's counterclaims pursuant to Federal Rule of Civil Procedure 12(b)(6). (D.I. 37).

Banner issued an insurance policy on the life of Robert Daniels. The owner of the policy was Mr. Daniel's law firm, Braverman Daniels Kaskey...

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