(Download) "New York Life Insurance Co. v. Connecticut Development Authority" by United States Court of Appeals for the Second Circuit * eBook PDF Kindle ePub Free
eBook details
- Title: New York Life Insurance Co. v. Connecticut Development Authority
- Author : United States Court of Appeals for the Second Circuit
- Release Date : January 09, 1983
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 79 KB
Description
KEARSE, Circuit Judge: Defendant Rupert C. Sterling appeals from a judgment of the United States District Court for the Southern District of New York, Robert L. Carter, Judge, in this interpleader action brought by plaintiff New York Life Insurance Co. (""New York Life"") pursuant to 28 U.S.C. § 1335 (1976) to adjudicate conflicting claims to the cash surrender value of two insurance policies. The judgment, which recited that it was entered with the consent of Sterling, included provisions ordering payment of the cash surrender value of the policies to Sterling, discharging New York Life from any liability to Sterling ""with respect to any claim regarding"" the policies, and ordering Sterling to discontinue his pending state court action against New York Life. Insofar as the judgment determined the liability of New York Life to pay the cash surrender value of the policies, we affirm. Because the basis for the recitation of Sterling's consent to the discharge of claims other than his contract claim for the cash surrender value of the policies is not clear to us from the record, we remand to the district court for clarification.