James Grigg’s mother was killed in a car accident. As the beneficiary of her insurance policy, Grigg was entitled to a payment of $50,000 from Safeco Life Insurance Co. Grigg assigned this payment to Howard Foley. Neither Grigg nor Foley notified Safeco. Later, Grigg assigned the payment to Settlement Capital Corp., which filed notice with a court. Still later, Grigg assigned the payment to Timothy Johnson, who assigned it to Robert Chris, who used it as collateral for a loan from Canco Credit Union. Under the rule most often observed in the United States, who is entitled to the $50,000? Regardless of this rule, has a violation of ethics occurred? Explain. [Foley v. Grigg, 144 Idaho 530, 164 P.3d 180 (2007)]