Greenwich Life Settlements, Inc. v. Viasource Funding Group, LLC
This is a diversity action for breach of contract, breach of the covenant of good faith and fair dealing, tortious interference with contract, tortious interference with business relations, and unjust enrichment. Plaintiffs Greenwich Life Settlements, Inc. and Greenwich Settlements Master Trust (collectively "Greenwich") bring this action against defendant ViaSource Funding Group, LLC. Greenwich claims to be a third-party beneficiary to a life insurance contract purchased from ViaSource by non-party Legacy Benefits Corp. ViaSource moved to dismiss Greenwich’s Corrected Amended Complaint on grounds of res judicata and failure to join an indispensable party, or alternatively, to transfer the case to the District of New Jersey. The court denied all of ViaSource’s motions, finding that res judicata did not apply as Greenwich was not in privity with Legacy in prior litigations, Legacy was not an indispensable party, and venue was proper in the Southern District of New York.