New York Court of Appeals
Frank Reynolds, as Receiver of Richard Worthington, Respondent v. the Ætna Life Insurance Company, Respondent…
November 21, 1899160 N.Y. 635
Summary
The Court affirmed that a receiver appointed in supplementary proceedings holds superior title to a judgment debtor's life insurance policies, a title that survives the debtor's death and includes the full policy amount up to the judgment, and that prior interpleader orders and a former judgment do not estop the plaintiff or the insurance company.