Estate of Denial news clips (10/02/17)

MetLife Stuck Between Wife and Girlfriend in Benefit Battle

BNA Convergence

September 11, 2017

Metropolitan Life Insurance Co.’s attempt to escape a battle between a dead man’s widow and his girlfriend took a left turn when a federal judge said the insurer may have to defend claims from one or both of the women (Metro. Life Ins. Co. v. Teixeira, 2017 BL 317068, D.N.J., No. 2:16-cv-07486-KM-JBC, 9/8/17).

A federal judge on Friday refused to dismiss MetLife from the case, which MetLife filed in 2016 to determine whether it should pay nearly $40,000 in benefits to the man’s widow or his girlfriend. While allowing MetLife to deposit the proceeds with the court and ordering the competing beneficiaries to make their claims, the judge said it would be improper to dismiss MetLife from the case because it was possible that either the widow or the girlfriend could bring counterclaims against the insurer.

 

Alan Thicke’s Widow Scores Court Win Against Sons…for Now

TMZ

September 14, 2017

Alan Thicke‘s widow, Tanya Callau, just got an assist from the judge in her legal battle with his 2 sons over her prenup and the future of Alan’s estate.

The judge threw out a petition filed by Robin Thicke and his brother, Brennan, Thursday to block Tanya from challenging the prenup she signed with their dad. The judge decided the brothers’ concern was misplaced, because there was no evidence Callau had any intention of mounting a challenge.

 

Judge tells Michael Jackson’s estate to pay Quincy Jones

New York Post

September 25, 2017

A California judge has told Michael Jackson’s production company to beat it.

The late singer’s company had hoped to cut the $9.4 million award a state court jury handed to producer Quincy Jones on July 26, but a judge last week turned that effort aside.

 

Texas Jury Finds JP Morgan Chase Violated Estate Administration Duties and Awards More Than $4 Billion in Punitive Damages

PR Newswire (press release)

September 26, 2017

DALLAS, Sept. 26, 2017 /PRNewswire/ – Loewinsohn Flegle Deary Simon LLP announces that a Dallas County Probate Court jury issued verdicts earlier today in favor of a Dallas widow, Jo Hopper, and her stepchildren, Dr. Stephen Hopper and Laura Wassmer, after a four-week trial against the country’s largest bank, JP Morgan Chase Bank, N.A. The bank, which was hired by the family in 2010 to independently administer the estate of Max D. Hopper, was found in breach of its fiduciary duties and contract. In total, JP Morgan Chase was ordered to pay at least $4 billion in punitive damages, approximately $4.7 million in actual damages, and $5 million in attorney fees.

“The nation’s largest bank horribly mistreated me and this verdict provides protection to others from being mistreated by banks that think they’re too powerful to be held accountable,” said Mrs. Hopper. “The country’s largest bank, people we are supposed to trust with our livelihood, abused my family and me out of sheer ineptitude and greed. I’m blessed that I have the resources to hold JP Morgan accountable so other widows who don’t have the same resources will be better protected in the future.”

 

JPMorgan Ordered to Pay More Than $4 Billion to Widow and Family (TX)

Bloomberg

September 26, 2017

JPMorgan Chase & Co. was ordered by a Dallas jury to pay more than $4 billion in damages for mishandling the estate of a former American Airlines executive, but the verdict will probably be knocked down on appeal.

Jo Hopper and two stepchildren won the probate court verdict over claims that JPMorgan mismanaged the administration of the estate of Max Hopper, who was described as an airline technology innovator in a statement issued by the family’s law firm.

 

Daughter of world’s wealthiest woman mourns at funeral of the mother she got declared senile in court as she lines up to inherit…

Daily Mail

September 26, 2017

Wearing a sombre black dress and dark glasses, Francoise Bettencourt kept a low profile as she attended her mother Liliane’s funeral in Paris on Tuesday.

But she is about to take on the very public mantle of ‘world’s richest woman’ as she prepares to inherit the family’s £29billion fortune amassed from the L’Oreal cosmetics company.

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