Stone to appeal dismissal of ELNY suit

February 12, 2013 by Elizabeth Festa

New York plaintiffs lawyer Edward S. Stone said that he plans to appeal his loss this week in the Executive Life Insurance Company of New York (ELNY) case.

Stone said he wuld file a motion to the New York State Court of Appeals in Albany to fight the Feb. 6 dismissal by the state Appellate Division, of his suit against the New York Department of Financial Services (DFS) and its liquidation plan for the failed life insurance company.

In an interview with National Underwriter Life & Health after news of the dismissal, Stone said he will spend a couple of weeks preparing a solid argument that spells out very clearly how lower court conclusions support incorrect interpretations of New York law before filing the motion.  Click here to read…

Originally Posted at LifeHealthPro on February 7, 2013 by Elizabeth Festa.