District Court, N.D. Illinois August 15, 2012, No. 09 C 06129 (Penn Mutual Life Insurance v. Greatbanc Trust Co.)
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United States · · · 15-08-2012
MEMORANDUM OPINION AND ORDER
JOHN J. THARP, JR., District Judge.
Stranger-owned life insurance, or STOLI, entails the maintenance of a life insurance policy by an investor who has no insurable interest in the life of the insured.
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