Judge Sends $56M Life Insurance Spat To 2nd Circ.

Law360, New York (September 1, 2009, 7:02 PM EDT) -- A federal appeals court could take on a suit in which the widow of Arthur Kramer, who helped found law firm Kramer Levin Naftalis & Frankel LLP, is seeking $56 million from her husband's life insurance policies, in a case that would clear up how New York state law applies to stranger-owned life insurance.

Judge Deborah A. Batts of the U.S. District Court for the Southern District of New York issued an interlocutory appeal to the U.S. Court of Appeals for the Second Circuit on Tuesday,...
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