Law360 Insurance Authority highlighted Cozen O’Connor attorneys Joseph Kelleher and Nicolas Novy for their role in representing Ameritas Life Insurance Corp. in a successful appeal before the U.S. Court of Appeals for the Eighth Circuit. The court affirmed a ruling that Wells Fargo could not collect on a $4 million life insurance policy because it was an illegal stranger-originated life insurance (STOLI) transaction under New Jersey law. The article also discusses Joseph’s and Nicolas’s experience handling STOLI litigation and other related insurance matters.
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