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Sutherland's summary judgment for life insurance client affirmed by Tenth Circuit.

ClientNew York Life Insurance Company
Region
Oklahoma
Description
Sutherland successfully defended a major life insurer against a putative class representative claim that the insurer's universal life (UL) policy was defectively designed because it credited an interest rate on the UL policy that made it destined to lapse at or before the insureds life expectancy. Plaintiff asserted that the interest rate credited should keep the policy in force until its maturity date. The Tenth Circuit Court of Appeals affirmed the favorable district court summary judgment ruling.
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Experience - Sutherland's summary judgment for life insurance client affirmed by Tenth Circuit.
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