Charles Vinicombe contributed an article to Law360 discussing his thoughts on the Supreme Court decision in Sun Life Insurance Co. of Canada v. Wells Fargo Bank, N.A. As this decision shows, the law governing STOLI policies continues to evolve and has significant implications for the life settlement and insurance industries in connection with high face amount, universal life policies that were issued on the lives of elderly insureds during the STOLI era.
To read the full article, click here.