11th Circ. Seeks Input On Wal-Mart Insurance Suit

Law360, New York (October 19, 2009, 6:07 PM EDT) -- A federal appeals court has asked the Florida Supreme Court to interpret an amendment to its state statute in order to determine if the rule can be applied retroactively to a suit accusing Wal-Mart Stores Inc. of taking out and benefiting from life insurance policies on its employees without their consent.

Florida's highest court has been tasked with determining if the July 2008 amendment allowing an insured party to sue for benefits wrongfully obtained by a third party was a clarification of law or if it...
To view the full article, register now.