Phillips v. American International Group, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding “where the interest rates defendants paid in subsequent years complied with the express terms of the Annuity Contracts, those rates cannot be construed to breach any independent promise embedded in the word ‘bonus’ ”
• dismissing the plaintiffs fraud claim and noting, “the disclosures in the Annuity Contracts at issue belie plaintiffs claim that those contracts contain any misrepresentation or omission”
• dismissing GBL § 349 and N.Y. Ins. Law § 4226 on the same grounds that plaintiff failed to allege any specific statements that were misleading
• stating the language at issue “standing alone, merely explains that interest rates quoted elsewhere in the Annuity Contracts are ‘effective annual interest rates’ and does not make any independent promise about what those interest rates are”

Source: CourtListener parenthetical corpus (CC0).