Estate of Roland Glen Hoefer v. ATC Realty Fifteen, Inc.

CourtDistrict Court, N.D. California
DecidedJanuary 15, 2021
Docket3:20-cv-06698
StatusUnknown

This text of Estate of Roland Glen Hoefer v. ATC Realty Fifteen, Inc. (Estate of Roland Glen Hoefer v. ATC Realty Fifteen, Inc.) is published on Counsel Stack Legal Research, covering District Court, N.D. California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Estate of Roland Glen Hoefer v. ATC Realty Fifteen, Inc., (N.D. Cal. 2021).

Opinion

1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 ESTATE OF ROLAND GLEN HOEFER, Case No. 20-cv-06698-JSC

8 Plaintiff, ORDER RE: MOTION TO DISMISS v. 9 Re: Dkt. No. 48 10 ATC REALTY FIFTEEN, INC., Defendant. 11

12 13 Plaintiff in the above-captioned case seeks to recover death benefits from a life insurance 14 policy, and brings claims for the recovery of insurance proceeds due to the lack of an insurable 15 interest and unjust enrichment against Defendant.1 Now before the Court is Defendant’s motion to 16 dismiss Plaintiff’s claims pursuant to Federal Rule of Civil Procedure 12(b)(6). After careful 17 consideration of the parties’ briefing, and having had the benefit of oral argument on January 11, 18 2021, the Court GRANTS in part and DENIES in part Defendant’s motion. 19 BACKGROUND 20 I. Complaint Allegations 21 The Estate of Roland Glen Hoefer (the “Estate”) was established in the state of 22 Washington following Mr. Hoefer’s death on March 31, 2017. Mr. Hoefer was at all relevant 23 times a Washington citizen. The Estate’s executor is Mr. Hoefer’s son, Roland J. Hoefer, a 24 Washington citizen. Defendant is incorporated in California, and holds its principal place of 25 business in San Francisco, California. 26 In or around 2005, “Coventry”—a family of interrelated Delaware entities and promoter of 27 1 “stranger originated life insurance policies”—procured life insurance policies on the life of Mr. 2 Hoefer. These policies were not for Mr. Hoefer or his family, but rather for investors such as 3 Coventry, and included but were not limited to a $5,000,000.00 life insurance policy issued by 4 American General Life Insurance Company (“American General”) numbered U10019366L (the 5 “Policy”). 6 To facilitate this transaction, Coventry created the Roland Hoefer Insurance Trust (the 7 “Trust”), a Delaware statutory trust, installed as its trustee the Wilmington Trust Company 8 (“Wilmington Trust”), a Delaware corporate trustee, and used the Trust to procure the Policy 9 without a valid insurable interest. Plaintiff alleges that Wilmington Trust may have at Coventry’s 10 direction transferred the Policy as part of a scheme regarding the use of stranger originated life 11 insurance policies, thus depriving the Estate of the Policy’s benefit. A claim on the Policy’s death 12 benefit was then made by Wells Fargo Bank, N.A. (“Wells Fargo”), on behalf of Defendant—the 13 Policy’s beneficial owner at the time of Mr. Hoefer’s death—and was subsequently paid to 14 Defendant. 15 II. Procedural History 16 On March 2, 2020, Plaintiff filed a complaint against U.S. Bank, N.A. (“U.S. Bank”) and 17 Wells Fargo in United States District Court for the District of Delaware. (Dkt. No. 1.)2 Plaintiff 18 then filed a first amended complaint (“FAC”) in the District of Delaware against Defendant and 19 Wells Fargo, adding Defendant as a party and terminating U.S. Bank as a party. (Dkt. No. 19.) 20 The parties stipulated to the dismissal without prejudice of Plaintiff’s claims against Wells Fargo 21 and to the transfer of this action to the Northern District of California. (Dkt. Nos. 31 & 32.) 22 Thereafter, the action was transferred to this Court. (Dkt. No. 33.)3 On October 26, 2020, 23 Defendant filed a Rule 12(b)(6) motion to dismiss. (Dkt. No. 48.) The motion is fully briefed, 24 and the Court held oral argument on January 11, 2020. 25 26 2 Record citations are to material in the Electronic Case File (“ECF”); pinpoint citations are to the 27 ECF-generated page numbers placed at the top of the documents. 1 DISCUSSION 2 Plaintiff’s FAC brings two claims: (1) a claim under Del. Code Ann. tit. 18, § 2704, and 3 (2) a common law claim of unjust enrichment. Defendant moves to dismiss Plaintiff’s first claim 4 on the grounds that California law—not Delaware—applies and Plaintiff lacks standing under 5 California law to challenge the Policy based on an alleged lack of an insurable interest. In the 6 alternative, Defendant argues that § 2704 does not apply to Plaintiff’s claims under its plain terms, 7 but that, even if it does, Plaintiff’s § 2704 claim fails because the Policy was procured with a valid 8 insurable interest. Defendant additionally argues that Plaintiff’s second claim for unjust 9 enrichment fails because Plaintiff did not confer any benefit on Defendant. 10 I. First Claim: Del. Code Ann. tit. 18, § 2704 11 a. Choice-of-Law 12 The transferee court applies the choice-of-law rules of the transferor court when an action 13 is transferred pursuant to 28 U.S.C. § 1404(a). See Ferens v. John Deere Co., 494 U.S. 516, 518- 14 19 (1990). When the transferor court lacks personal jurisdiction over a defendant, the choice-of- 15 law rules of the transferee court—in this case, California—govern the action. See Nelson v. Int'l 16 Paint Co., 716 F.2d 640, 643 (9th Cir. 1983); see also Jaeger v. Howmedica Osteonics Corp., No. 17 15-CV-00164-HSG, 2016 WL 520985, at *8 (N.D. Cal. Feb. 10, 2016). 18 28 U.S.C. § 1631, entitled “Transfer to cure want of jurisdiction,” provides that if a court 19 finds “there is a want of jurisdiction” it can transfer the case to a court where the case could have 20 been brought at the time it was filed. Here, the parties stipulated that the action’s transfer was 21 appropriate under 28 U.S.C. § 1631. (Dkt. No. 32 at 2-3.) While Plaintiff argues that the parties 22 stipulated only that Defendant moved to dismiss for lack of personal jurisdiction and that, for this 23 reason, the Court cannot resolve this threshold issue, the parties’ stipulation is clear: “Transfer of 24 the remaining claims in this Action to the Northern District of California is appropriate under two 25 separate bases[,]” one of which was transfer under 28 U.S.C. § 1631. (Id.) Given the stipulation’s 26 plain language, the Court finds that the District of Delaware was “want[ing] of jurisdiction,” 28 27 U.S.C. § 1631, and that therefore California’s choice-of-law rules govern. 1 methodology for resolving choice-of-law questions[.]” McCann v. Foster Wheeler LLC, 48 Cal. 2 4th 68, 83 (2010) (citations omitted). For the reasons stated at oral argument, however, the Court 3 cannot definitively resolve the test’s application on Defendant’s Rule 12(b)(6) motion to 4 determining whether Delaware or California law governs Plaintiff’s insurable interest claim. 5 b. Applicability of § 2704 6 Defendant argues that—even if Delaware law governs Plaintiff’s claim—the state’s 7 insurable interest statute, Del. Code Ann. tit. 18, § 2704, does not apply under its plain terms.

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