Judge Katherine Forrest
AXA’s Oct. 10, 2003, policy insured Corte’s life. Corte died on Jan. 12, 2012. After several transactions Progressive Capital Solutions acquired the right to sell and assign all ownership rights to the policy. Bonded Life Fund bought the policy from Progressive on March 24, 2011. Brean Murray Carret & Co. claims it bought the policy on March 25. Brean conceded it never received papers needed to effect the policy’s assignment or change of ownership. Nor did it correspond with AXA about the policy before Corte’s death. In AXA’s July 13, 2012, interpleader action the court found Bonded the policy’s rightful owner, and entitled to its proceeds. Brean’s apparent loss in relation to its dealings concerning the policy was a separate issue. The policy’s ownership turned on whether it had been effectively assigned. The court found no triable issue on the "entirely one-sided" facts. Progressive assigned the policy to Bonded, which received all required documentation. Bonded was listedand treated asthe policy’s owner by AXA throughout Corte’s life. Brean was never an actual assignee of the policy. There was no record evidence that Progressive intended to assign the policy to Brean. Thus, Bonded was the sole assignee of the subject policy.