SPV-LS, LLC v. TRANSAMERICA LIFE INSURANCE COMPANY

No. CIV 14-4092.

SPV-LS, LLC, Plaintiff, v. TRANSAMERICA LIFE INSURANCE COMPANY, Defendant and Third-Party. Plaintiff, v. NACHMAN BERGMAN, Trustee of the N Bergman Insurance Trust; MALKA SILBERMAN, Successor Trustee of the N Bergman Insurance Trust; LIFE TRADING TRUST; T-LEG LLC (aka TLEG LLC); FINANCIAL LIFE SERVICES LLC; SPV II LLC; and THE REPRESENTATIVE OF THE ESTATE OF NANCY BERGMAN, Third-Party Defendants.

United States District Court, D. South Dakota, Southern Division.

April 14, 2016.


Attorney(s) appearing for the Case

SPV-LS, LLC, Plaintiff, represented by Brendan V. Johnson , Robins Kaplan LLP, Douglas A. Foss , Harris Beach PLLC, pro hac vice & Svetlana K. Ivy , Harris Beach PLLC, pro hac vice.

Transamerica Life Insurance Company, Defendant, represented by Eric C. Schulte , Davenport, Evans, Hurwitz & Smith, Charles T. Locke , Locke & Herbert LLP, pro hac vice & Stephen R. Herbert , Locke & Herbert LLP, pro hac vice.

Transamerica Life Insurance Company, ThirdParty Plaintiff, represented by Eric C. Schulte , Davenport, Evans, Hurwitz & Smith, Charles T. Locke , Locke & Herbert LLP, pro hac vice & Stephen R. Herbert , Locke & Herbert LLP, pro hac vice.

Nachman Bergman, asTrustee of The N Bergman Insurance Trust dated December 18, 2006 other The N Bergman Insurance Trust, ThirdParty Defendant, Pro Se.

Malka Silberman, ThirdParty Defendant, represented by James E. Moore , Woods, Fuller, Shultz & Smith, PC & Aaron Twersky , Twesky PLLC, pro hac vice.

Life Trading Trust, ThirdParty Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC, pro hac vice & Brendan V. Johnson , Robins Kaplan LLP.

Financial Life Services, LLC, ThirdParty Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC, pro hac vice & Brendan V. Johnson , Robins Kaplan LLP.

SPV II LLC, ThirdParty Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC, pro hac vice & Brendan V. Johnson , Robins Kaplan LLP.

The Representative of The Estate of Nancy Bergman, ThirdParty Defendant, represented by Gerald L. Kroll , Kroll Law Corporation, pro hac vice & Brian J. Donahoe , Donahoe Law Firm PC.

Transamerica Life Insurance Company, Counter Claimant, represented by Eric C. Schulte , Davenport, Evans, Hurwitz & Smith, Charles T. Locke , Locke & Herbert LLP, pro hac vice & Stephen R. Herbert , Locke & Herbert LLP, pro hac vice.

SPV-LS, LLC, Counter Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice & Svetlana K. Ivy , Harris Beach PLLC, pro hac vice.

Malka Silberman, Counter Claimant, represented by Matthew C. Dorothy , Dorothy & Krause Law Firm.

Nachman Bergman, Counter Claimant, Pro Se, pro hac vice.

Financial Life Services, LLC, Counter Defendant, represented by Douglas A. Foss , Harris Beach PLLC & Svetlana K. Ivy , Harris Beach PLLC.

Life Trading Trust, Counter Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice & Svetlana K. Ivy , Harris Beach PLLC.

SPV II LLC, Counter Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice & Svetlana K. Ivy , Harris Beach PLLC.

SPV-LS, LLC, Counter Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice & Svetlana K. Ivy , Harris Beach PLLC.

Malka Silberman, Cross Claimant, represented by Matthew C. Dorothy , Dorothy & Krause Law Firm.

Nachman Bergman, Cross Claimant, Pro Se, pro hac vice.

Financial Life Services, LLC, Cross Defendant, represented by Douglas A. Foss , Harris Beach PLLC & Svetlana K. Ivy , Harris Beach PLLC.

Life Trading Trust, Cross Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice & Svetlana K. Ivy , Harris Beach PLLC.

SPV II LLC, Cross Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice & Svetlana K. Ivy , Harris Beach PLLC.

SPV-LS, LLC, Cross Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice & Svetlana K. Ivy , Harris Beach PLLC.

The Representative of The Estate of Nancy Bergman, Cross Claimant, represented by Gerald L. Kroll , Kroll Law Corporation, pro hac vice & Brian J. Donahoe , Donahoe Law Firm PC.

SPV II LLC, Cross Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

Malka Silberman, Cross Defendant, represented by Matthew C. Dorothy , Dorothy & Krause Law Firm.

Nachman Bergman, Cross Defendant, Pro Se, pro hac vice.

Financial Life Services, LLC, Cross Defendant, represented by Douglas A. Foss , Harris Beach PLLC, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

Life Trading Trust, Cross Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

The Representative of The Estate of Nancy Bergman, Counter Claimant, represented by Gerald L. Kroll , Kroll Law Corporation, pro hac vice & Brian J. Donahoe , Donahoe Law Firm PC.

SPV-LS, LLC, Counter Defendant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

SPV II LLC, Cross Claimant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

SPV-LS, LLC, Cross Claimant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

Life Trading Trust, Cross Claimant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

Financial Life Services, LLC, Cross Claimant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

Nachman Bergman, Cross Defendant, Pro Se.

Malka Silberman, Cross Defendant, represented by Matthew C. Dorothy , Dorothy & Krause Law Firm.

SPV II LLC, Cross Claimant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

SPV-LS, LLC, Cross Claimant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

Life Trading Trust, Cross Claimant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

Financial Life Services, LLC, Cross Claimant, represented by Douglas A. Foss , Harris Beach PLLC, pro hac vice, Svetlana K. Ivy , Harris Beach PLLC & Brendan V. Johnson , Robins Kaplan LLP.

The Representative of The Estate of Nancy Bergman, Cross Defendant, represented by Gerald L. Kroll , Kroll Law Corporation, pro hac vice & Brian J. Donahoe , Donahoe Law Firm PC.


MEMORANDUM OPINION AND ORDER ON PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT

Pending before the Court is Plaintiff SPV-LS, LLC's motion for summary judgment, Doc. 134. Through the motion, SPV requests this Court find that New York insurance law, as opposed to New Jersey insurance law, applies in the circumstances...

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