Plaintiff seeks rescission of a life insurance policy on the ground, inter alia, that the policy, which was procured by the insured Irwin Levinson, was immediately transferred into an irrevocable trust, and then, within days and prior to the payment of any premium by the insured, was transferred to unidentified third parties in exchange for payment of a substantial sum, was procured for the benefit of a "stranger investor" pursuant to a STOLI (stranger originated life insurance...
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