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NEUMA, INC. v. WELLS FARGO & CO.

No. 04 C 4213.

515 F.Supp.2d 825 (2006)

NEUMA, INC., Plaintiffs, v. WELLS FARGO & COMPANY, Defendant.

United States District Court, N.D. Illinois, Eastern Division.

October 19, 2006.

Attorney(s) appearing for the Case

Nathan H. Lichtenstein, Howard J. Fishman, Aronberg, Goldgehn, Davis & Garmisa, Chicago, IL, for Plaintiffs.

Nigel. F. Telman, Jessica Kaye Benenson, Michael Brian Segall, Sidley Austin LLP, Chicago, IL, for Defendant.

MEMORANDUM OPINION AND ORDER

REBECCA R. PALLMEYER, District Judge.

Plaintiff Neuma, Inc. ("Neuma") entered into a viatical settlement with Rudy Ockhuysen ("Ockhuysen"), an employee on disability leave from Defendant Wells Fargo & Company ("Wells Fargo"), in which Ockhuysen assigned his rights as a beneficiary under his employer-sponsored group life insurance policy to Neuma in exchange for a lump sum payment. Shortly thereafter, Wells Fargo terminated...

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