District Court, N.D. Illinois July 18, 2016, No. 14 C 1385 (VC Management, LLC v. Reliastar Life Insurance Co.)

MEMORANDUM OPINION AND ORDER

REBECCA R. PALLMEYER, United States District Judge

Vestor Capital Partners, LLC (“Vestor”) had insured the life of its president, Brian Baker, for $5 million. But in October 2012, Vestor submitted paperwork to reduce the *978amount of the policy to $2 million.