News & Updates
life settlement
Karen Asher-Cohen Discusses License Fronting Issues at Life Settlements Conference
Shareholder Karen Asher-Cohen was the moderator of a panel discussing the issue of license fronting at the 2011 Life Settlements Conference that took place in Las Vegas, Nevada during September 22-23, 2011. The topic, entitled “License Fronting: Is this Practice Fair or Foul?”, examined the practice of “renting” out a provider’s license to an unlicensed […]
Delaware Supreme Court Holds That Life Policies Can Be Challenged For Lack Of An Insurable Interest Even After The Contestability Period Expires, Impacting Life Settlement Investors
By: Tom Crabb and Karen Asher-Cohen Adding to the risks faced by those who invest in life settlements, on September 20, 2011 the Delaware Supreme Court held that a life insurance policy can be challenged by the insurer for lack of an insurable interest even after the two year contestability provision in the policy has […]