Where subject of bankruptcy action takes out insurance policy in the name of a third person and the Federales execute a forfeiture order, rights in the policy then vest in the Federales, giving the Trustee a better claim than the beneficiary of the policy if the forfeiture is later reversed..
Improper notice to the beneficiary does not make the forfeiture order wrongful.
Kip M. Kaler v. Susan Bala