Andresen v. Guggenheim Partners – COLI Commissions Litigation
On September 1, the Supreme Court of New York (NY County) granted defendants’ (Guggenheim) motion to dismiss a complaint brought by a former employee (Andresen), who was seeking commissions on COLI policies purchased by the firm in 2006 and 2007 for which she was purportedly named as the insurance agent of record. The court primarily determined that the plaintiffs’ claims were time-barred.
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