Jurisdiction — interpleader without any merit

Posted January 30, 2015 2:49 PM

Where an insurance company failed to deposit proceeds when it filed its complaint under Section 1335, no interpleader action was filed and the U.S. District Court lacked subject-matter jurisdiction The 7th U.S. Circuit Court of Appeals reversed a decision by Judge William T. Lawrence, Southern District of Indiana. Troy Jonas and his wife Jennifer purchased reciprocal life insurance policies. When the couple divorced in 2011, the court reassigned the policies’ ownership. The policies provided that a change of …

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