Unisys Corp. v. Texas Life, Accident, Health & Hospital Service Insurance Guaranty Ass'n

How courts have described this case

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

• unallocated annuity contracts issued by elic and held by nonresident trustees were excluded from coverage under Texas statute
• even though Texas Guaranty Act provided for liberal construction, court was not permitted to ignore statutory language excluding coverage of certain unallocated annuity contracts
• “Individual covered claims (including any and all derivative claims by more than one person which arise from the same occurrence, which shall be considered collectively as a single claim under this Act

Source: CourtListener parenthetical corpus (CC0).