Farm and Ranch Life Ins. Co., Inc. By and Through Alexander v. Wheels Life Ins. Co., Ltd.

Good Law
15 F.3d 1084·1994 WL 20082·1994 U.S. App. LEXIS 6747
United States Court of Appeals for the Ninth CircuitJanuary 26, 199492-35456California502 words

Opinion

Opinion

15 F.3d 1084 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. FARM AND RANCH LIFE INSURANCE COMPANY, INC., In Liquidation, By and Through Hugh ALEXANDER, Deputy Receiver, Plaintiff-Appellant, v. WHEELS LIFE INSURANCE CO., LTD., a Cayman Islands Corporation, Defendant-Appellee. No. 92-35456. United States Court of Appeals, Ninth Circuit. Argued and Submitted Jan. 4, 1994. Decided Jan. 26, 1994. 1 Before: POOLE and TROTT, Circuit Judges, and KING, District Judge. * 2 MEMORANDUM ** 3 Farm and Ranch Life Insurance Company ("Farm and Ranch") appeals summary judgment in favor of Wheels Life Insurance Company ("Wheels"). The district court concluded that the Reinsurance Agreement between Wheels and Empire Life Insurance Company ("Empire") was not assignable. We have jurisdiction pursuant to 28 U.S.C. Sec. 1291 , and we affirm. 4 In general, all contracts are assignable. Folquet v. Woodburn Public Sch., 29 P.2d 554, 555 (Or.1934). However, a contractual right may not be assigned if…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.