August 9, 2019

Stranger Owned Life Insurance Policies (STOLI) Violate the Public Policy of New Jersey, and Are Void Ab Initio

Washington, D.C. partner Roland Goss authored an article for the latest issue of Insurance Litigation Reporter titled "Stranger Owned Life Insurance Policies (STOLI) Violate the Public Policy of New Jersey, and Are Void Ab Initio." The article is a case note for an opinion from the New Jersey Supreme Court, Sun Life Assurance Company of Canada v. Wells Fargo Bank, N.A., 238 N.J. 157, 208 A. 3d 839 (N.J. 2019). The New Jersey Supreme Court opinion provides answers to questions of New Jersey law certified to it by the U.S. Court of Appeals for the Third Circuit arising from litigation in a United States District Court. The opinion also reviews the state of the law in some other jurisdictions concerning some STOLI-related issues.

Rollie serves on the Editorial Board for this publication.

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