Sunday, July 2, 2017

LIFE PLANS, INC. V. SEC. LIFE OF DENVER INS. CO.

"The JCA has six conditions precedent. [Trial Ex. 48.] One of them was review and approval of Peak (which was to be administered under the Arbitrage Life Payment System [id.; testimony of Pamela Simon]) under SLD's product review and approval process, also known as PARP. [Trial Exs. 13 (SLD), 14 (SLD), 15 (SLD), 21 (SLD), 24 (SLD), 25 (SLD), 27 (SLD), 30 (SLD), 48, 73 (SLD), 754 and 756; testimony of Gary Jenkins, Butch Britton, Prakash Shimpi, Alain Karaoglan, Craig Umphress, Pamela Simon ("at the ING level they had something called PARP that they had to get approved or they had to get off their checklists"), Adam Simon and David Simon.] Peak was not approved under SLD's product review and approval process."

Source
https://casetext.com/case/life-plans-inc-v-sec-life-of-denver-ins-co-5

New Blog Coming soon to Report on Pamela B. Simon and STP Enterprises Inc.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.