Court Holds That Viatical Settlement Contracts Are Not Securities
Court Holds That Viatical Settlement Contracts Are Not Securities
May 26, 2004 in Case Summaries
Jeff Levinger represented Life Partners in the appeal of a summary judgment holding that viatical settlement contracts are not securities under the Texas Securities Act. The Waco Court of Appeals affirmed. Griffitts v. Life Partners, Inc., No. 10-01-271-CV (Tex. App. — Waco 2004, no pet.).
Subject Matter: Securities Matters & Fraud