United States Seventh Circuit
Protective Life Ins. Co. v. Hansen, 10-2085
In a dispute over the proceeds of a deceased's one-million-dollar life insurance policy, between the deceased's limited liability company (LLC) and his girlfriend, district court's grant of summary judgment in favor of the LLC is affirmed as, the LLC is the owner and beneficiary of the life insurance policy because it never transferred ownership of its policy to the deceased and reformation cannot change this result, and even if it could, reformation would be improper because the equities favor the LLC, not the girlfriend.
Appellate Information
- Argued 09/29/2010
- Decided 01/19/2011
- Published 01/19/2011
Judges
Court
- United States Seventh Circuit