11th Circuit Dismisses Investor’s Appeal In SEC Suit For Lack Of Jurisdiction

Mealey's (January 11, 2022, 11:32 AM EST) -- ATLANTA — The 11th Circuit U.S. Court of Appeals on Jan. 6 dismissed an investor’s appeal of a lower federal court’s ruling that asset purchase agreements (APAs) affirm rather than preclude a trustee's ability to sell life insurance policies retained by investors, finding that it lacks jurisdiction because the order that is being appealed is not a “final decision” and did not involve the refusal “to wind up [a] receivership.”...