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LINCOLN NAT. LIFE INS. CO. v. CALHOUN

Civil Action No. 08-2917 (JAP).

596 F.Supp.2d 882 (2009)

LINCOLN NATIONAL LIFE INSURANCE COMPANY, Plaintiff, v. Walter R. CALHOUN and Brandon Chabner, as Trustee of the Walter Calhoun Family Insurance Trust dated July 24, 2006, Defendants.

United States District Court, D. New Jersey.

January 27, 2009.

Attorney(s) appearing for the Case

Charles J. Vinicombe, Drinker, Biddle & Reath, LLP, Princeton, NJ, Bradford Patrick Barron, Drinker Biddle & Reath LLP, Philadelphia, PA, for Plaintiff.

Jeffrey I. Kohn, O'Melveny & Meyers, LLP, New York, NY, for Defendants.

OPINION

PISANO, District Judge:

Though framed as a dispute between an individual insurer and an individual insured, the instant case offers a glimpse into a larger debate between the insurance industry and investment speculators that has been brewing for the last several years. This suit requires the Court to contemplate stranger-originated life insurance transactions, in which individuals are able to...

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