We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Attorney Patents 'Tax Scheme' To Target Insurance Giant

Law360 (November 9, 2005, 12:00 AM EST) -- A Pennsylvania attorney patented a tax avoidance scheme through inequitable conduct, according to insurance provider Travelers Life and Annuity Co., which filed a preemptive lawsuit the same day the patent was granted.

Travelers Life, a branch of MetLife Inc., sued John J. Koresko Tuesday, seeking declaratory judgment of non-infringement. Koresko had earlier “threatened” the insurance giant with a patent lawsuit, according to Travelers Life.

The suit against Koresko, a nationally-recognized tax attorney, was filed in the U.S. District Court for the Eastern District of Pennsylvania....
To view the full article, register now.