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Wal-Mart Coli Suit Reinstated ( December 2004 )
The Delaware Supreme Court has reinstated an action – dismissed by the trial court based on the statute of limitations – brought by Wal-Mart Stores, Inc. against life insurance companies and brokers in connection with Wal-Mart's purchase of, and the subsequent commercial failure of, Corporate Owned Life Insurance ("COLI") policies.
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