(DOWNLOAD) "Drain v. Covenant Life Insurance Co." by Pennsylvania Supreme Court # Book PDF Kindle ePub Free

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eBook details

• Title: Drain v. Covenant Life Insurance Co.
• Author : Pennsylvania Supreme Court
• Release Date : January 24, 1998
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 69 KB

Description

Policyholders of Covenant Life Insurance Company sued Covenant, its directors, and Provident Mutual Life Insurance Company after the Pennsylvania Insurance Commissioner approved a merger of Covenant and Provident in 1994. Jurisdiction and standing issues are currently before the Court. The trial court held that it has no jurisdiction over this action and that the policyholders lack standing to pursue their claims. The Superior Court reversed on both issues. For the reasons discussed below, we affirm.

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