K&L Gates partner Steven L. Caponi and associate Matthew B. Goeller have stepped in to represent Wilmington Trust in a pending lawsuit over a $5 million life insurance policy. The suit, filed July 7 in Delaware District Court by Cozen O’Connor on behalf of Ameritas Life Insurance Corp., seeks to void the policy based on assertions that it was procured as part of stranger-originated life insurance (STOLI) scheme. Wilmington Trust, a subsidiary of M&T Bank, is sued in its capacity as securities intermediary. The case, assigned to U.S. District Judge Maryellen Noreika, is 1:22-cv-00907, Ameritas Life Insurance Corp. v. Wilmington Trust N.A.

This suit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector. Read the complaint here: