Eleventh Circuit Rules Against MONY Life Insurance in Unjust Enrichment Case, Upholding Contractual Protections for Policyholder

TAMPA, Fla. — In a significant ruling, the Eleventh Circuit Court of Appeals has overturned a jury verdict that favored MONY Life Insurance Co. in a case against policyholder Bernard Perez, focusing on the principle of unjust enrichment. The court concluded that insurers cannot pursue claims for unjust enrichment if an explicit insurance agreement addressing the same matter exists. The dispute originated from a disagreement between MONY and Perez regarding benefits linked to a disability insurance policy. Perez was diagnosed with squamous cell carcinoma in 2011 and began receiving income replacement disability benefits while undergoing … Read more

Eleventh Circuit Judge Questions New Arguments in Georgia Conservation Easement Tax Deduction Appeal

A judge in Atlanta, Georgia, recently expressed skepticism regarding a partnership’s renewed appeal for a tax deduction tied to a conservation easement donation. The Eleventh Circuit’s ruling came as the partnership sought to bolster its claims, presenting new arguments that raised questions about the integrity of their previous assertions. During the proceedings, the judge indicated that the partnership’s attempt to introduce fresh arguments could complicate its case. The ongoing debate revolves around the eligibility for tax deductions related to land conservation efforts, a subject that has seen its share of scrutiny in recent years. Tax … Read more