Apollo Accused in Lawsuit of Illegal Human Life Wagering Scheme
Apollo Global Management Inc. bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell
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Apollo Global Management Inc. bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell
The Bullet Point: An Ohio Commercial Law Bulletin Statute of Repose Wilson v. Durrani, Slip Opinion No. 2020-Ohio-6827 In this appeal, the Supreme Court of Ohio reversed the lower court’s decision, determining that the plaintiffs’ claims were time-barred because Ohio’s saving statute does not create an exception to a true statute of repose. The Bullet Point: Statutes of limitations establish a time limit for bringing a lawsuit based on the date when the plaintiff’s claim accrued. Statutes of repose bar an action that is brought after a specified period of time since the defendant acte...