Bustelo v. Lugo Viñas
Bustelo v. Lugo Viñas
Opinion of the Court
delivered the opinion of the Court.
Miguel A. Bustelo in' an action against A. Lugo Viñas attached a life insurance policy in the possession of Mrs. Lugo Viñas as assignee of one Juan Rivera Sánchez. Mrs. Lugo Viñas intervened claiming exclusive ownership of the policy, and the district court dissolved the attachment.
Article 428 of the Code of Commerce provides in substance that the proceeds of a life insurance policy belong to the beneficiary “even against the claims of the legitimate heirs or creditors of any kind whatsoever of the person who effected the insurance in favor of the former.” It does not
The judgment appealed from, in so far as the pronouncement as to dissolution of the attachment is concerned, must be reversed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.