NY Judge Won't Remand $350M Life Insurance Dispute

Law360, New York (May 25, 2012, 4:51 PM EDT) -- A New York federal judge on Friday declined to remand to state court a dispute over $350 million in life insurance policies between a religious organization and a West Indies-based trust.

The YLL Irrevocable Trust and Kochav SARL had asked the court to remand the case, which it originally had filed in New York state court, alleging religious group Kolel Beth Yechiel Mechil of Tartikov Inc. had violated terms of an arbitration intended to resolve the dispute.

The arbitration came out of a separate suit filed...
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Case Title

Kolel Beth Yechiel Mechil of Tartikov, Inc. v. Yll Irrevocable Trust et al


Case Number

1:11-cv-07707

Court

New York Southern

Nature of Suit

Contract Product Liability

Judge

Victor Marrero

Date Filed

October 28, 2011

Law Firms

UK Financial Services

UK Financial Services

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