The Awe Of Dawe?

Law360, New York (October 11, 2011, 12:41 PM EDT) -- In September 2011, the Delaware Supreme Court answered several certified questions put to it by the federal district court in Delaware in the pending cases of PHL Variable Ins. Co. v. Price Dawe 2006 Ins. Trust, and Lincoln Nat’l Life Ins. Co. v. Joseph Schlanger 2006 Ins. Trust.

Both cases involve actions by life insurers seeking to have the federal district court to declare that the life insurance policies they have issued to trusts formed by the insureds are void based primarily on lack of insurable...
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