Security Life of Denver Insurance Company v. Abraham Hersko and Morris Hersko, as Co-Executors of the Estate of Isaac Hersko; Barry Hersko a/k/a Zev Dov Hersko a/k/a Barel Hersko, Individually and as Trustee of the Frenkel Family Trust Dtd 12/26/2007

District Court, E.D. New York·Decided March 30, 2026·No. 1:24-cv-05215·Unknown

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK

SECURITY LIFE OF DENVER INSURANCE COMPANY,

Interpleader Plaintiff, MEMORANDUM & ORDER 24-CV-05215 (HG) (LKE) -against-

ABRAHAM HERSKO and MORRIS HERSKO, as Co-Executors of the ESTATE of ISAAC HERSKO,

-and-

BARRY HERSKO a/k/a ZEV DOV HERSKO a/k/a BAREL HERSKO, Individually and as Trustee of THE FRENKEL FAMILY TRUST Dtd 12/26/2007,

Interpleader Defendants;

-and-

BARRY HERSKO a/k/a ZEV DOV HERSKO a/k/a BAREL HERSKO, Individually and as Trustee of THE FRENKEL FAMILY TRUST Dtd 12/26/2007,

Counterclaim Plaintiff,

-against-

SECURITY LIFE OF DENVER INSURANCE COMPANY,

Counterclaim Defendant,

-and-

BARRY HERSKO a/k/a ZEV DOV HERSKO a/k/a BAREL HERSKO, Individually and as Trustee of THE FRENKEL FAMILY TRUST Dtd 12/26/2007,

Crossclaim/Third Party Plaintiff,

-against- ABRAHAM HERSKO and MORRIS HERSKO, as Co-Executors of the ESTATE of ISAAC HERSKO

Crossclaim Defendant,

-and-

MORRIS HERSKO and ABRAHAM RAAB, as Trustee of THE FRENKEL FAMILY TRUST Dtd 12/26/2007,

Third Party Defendants.

HECTOR GONZALEZ, United States District Judge: Plaintiff Security Life of Denver Insurance Company (“SLD”) filed this interpleader action pursuant to Rule 22 of the Federal Rules of Civil Procedure, seeking, among other relief, the Court’s determination of the rights of Defendants, brothers Isaac and Barry Hersko, to the benefits of the life insurance policy of the late Eva Frenkel (the “Policy”), which was issued by SLD. See ECF No. 1 at 7, Wherefore Clause (Complaint; “Compl.”).1 In his answer, Defendant Barry Hersko filed, among other claims, crossclaims against his brother and co-Defendant Isaac Hersko, and a third-party complaint against Isaac’s son, Morris Hersko. See ECF No. 21 (Barry Hersko’s Answer). After Isaac passed away, the Court granted a motion to substitute the Co- Executors of his Estate, Morris and Abraham Hersko (together, the “Estate”), in his stead. See Feb. 5, 2025, Text Order. Before the Court is a consolidated motion filed by the Estate and Morris Hersko, in his individual capacity (together, the “Movants”), seeking to dismiss the crossclaims and third-party complaint, or alternatively, stay or dismiss the action entirely pursuant to Colorado River Water

1 Unless otherwise indicated, when quoting cases and the parties’ papers, the Court omits all internal quotation marks, alteration marks, emphases, footnotes, and citations. The Court refers to the pages assigned by the Electronic Case Files system (“ECF”). Conservation District v. United States, 424 U.S. 800 (1976). See ECF No. 65 (Motion to Dismiss). For the reasons set forth below, the motion is GRANTED, and the Court dismisses this case without prejudice under the Colorado River abstention doctrine in light of a pending parallel

case in Kings County Supreme Court: Case No. 506590/2025, or what this decision refers to as the “Third Kings County Action.” BACKGROUND2 I. The Instant Action SLD filed this interpleader action on July 26, 2024, after it received a letter from counsel for Isaac Hersko, which asserted that “Isaac is the beneficial owner of the Policy,” and a competing claim filed by Barry Hersko, as Trustee of the Frenkel Family Trust (the “Trust”), indicating that the Trust, and by extension Barry, is the rightful beneficiary of the Policy. See Compl. ¶¶ 15, 20–21; ECF No. 1-5 at 3 (Ex. C); ECF No. 1-7 (Ex. E); ECF No. 1-8 (Ex. F). In light of “a real and reasonable fear of double liability or vexatious, conflicting claims against the

Policy death benefit,” Compl. ¶ 28, SLD brought this suit, requesting the Court’s declaration of Defendants’ rights in connection with the Policy, id. at 7, Wherefore Clause. Shortly thereafter, on August 14, 2024, the Court granted SLD’s motion to deposit $6,194,306.97, plus any accrued interest, which represents the death benefit payable under the Policy, with the Clerk of this Court for safekeeping in an interest-bearing account. See ECF No. 14 (Order Granting Amended Motion to Deposit Interpleader Funds). On September 24,

2 The Court “recite[s] the substance of the allegations as if they represented true facts, with the understanding that these are not findings of the [C]ourt, as [I] have no way of knowing at this stage what are the true facts.” In re Hain Celestial Grp., Inc. Sec. Litig., 20 F.4th 131, 133 (2d Cir. 2021). 2024, Barry Hersko filed an answer to SLD’s interpleader complaint, including, as relevant here, two crossclaims against Isaac Hersko (now the Estate) and a third-party complaint against Morris Hersko.3 See ECF No. 21. A. Barry Hersko’s Crossclaims Against the Estate

In his first crossclaim against the Estate, Barry seeks a declaratory judgment under the Declaratory Judgment Act, 28 U.S.C. § 2201, providing that: a “religious instrument” executed between the brothers, entitled the “Document of Confession,” which indicates that they are “absolute and equal partner[s]” in certain investments, including “life insurances on other people,” is “void, voidable and unenforceable by U.S. courts under the . . . First Amendment” and for other reasons; the Estate therefore has “no interest in the Policy or Proceeds” and “is not a beneficiary of the Policy”; rather, “[t]he Trust is entitled to 100% of the Proceeds of the Policy”; “[t]he Trust shall administer and distribute the funds held in Trust, including, without limitation the Proceeds, as directed by Barry as Trustee, after first repaying all funds advanced to the Trust to pay for Trust expenses during . . . its existence”; and finally, the Estate “is entitled to

no distributions or payments from the Trust.” ECF No. 21 at 13, 17, 21–22. In his second crossclaim against the Estate, Barry alleges tortious interference with the Policy. Id. at 23–24. Specifically, he asserts that by sending the letter to SLD claiming ownership of the Policy, despite knowing that the Trust is the sole beneficiary, Isaac (now the Estate) “intentionally procured SLD[]’s breach of the Policy without justification.” Id. at 23. According to Barry, “Isaac’s letter resulted in SLD . . . refusing to pay the Trust, an actual breach of the Policy.” Id. at 24. As a result, the Trust allegedly “sustained damages . . . including by

3 Barry also filed counterclaims against SLD, see ECF No. 21 at 9–12, which SLD challenges in its response to the instant motion, see ECF No. 71 at 2–3 (SLD’s Response to Motion). being deprived of the death benefit and by incurring costs in its instant dispute . . . and in connection with defending against Isaac’s failed attempts to attach the proceeds directly.” Id. B. Barry Hersko’s Third-Party Complaint Against Morris Hersko Next, Barry brought a third-party complaint against his nephew, Morris Hersko, whom he

alleges “secretly purchased an assignment of all or part of a beneficiary interest in the Trust from Eva Frenkel’s son and Trust beneficiary Herman Frenkel.” Id. at 26. Barry again seeks a declaratory judgment, see 28 U.S.C. § 2201

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Security Life of Denver Insurance Company v. Abraham Hersko and Morris Hersko, as Co-Executors of the Estate of Isaac Hersko; Barry Hersko a/k/a Zev Dov Hersko a/k/a Barel Hersko, Individually and as Trustee of the Frenkel Family Trust Dtd 12/26/2007, (E.D.N.Y. 2026).

Security Life of Denver Insurance Company v. Abraham Hersko and Morris Hersko, as Co-Executors of the Estate of Isaac Hersko; Barry Hersko a/k/a Zev Dov Hersko a/k/a Barel Hersko, Individually and as Trustee of the Frenkel Family Trust Dtd 12/26/2007 (Security Life of Denver Insurance Company v. Abraham Hersko and Morris Hersko, as Co-Executors of the Estate of Isaac Hersko; Barry Hersko a/k/a Zev Dov Hersko a/k/a Barel Hersko, Individually and as Trustee of the Frenkel Family Trust Dtd 12/26/2007) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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