Browsed by
Tag: Florida SSPA

New York’s Structured Judgment Law Bars Settlement Factoring Deal, Says Court

New York’s Structured Judgment Law Bars Settlement Factoring Deal, Says Court

New York’s structured judgment statutes are found in Civil Practice Law & Rules Sections 50-A and 50-B.  Section 50-A is entitled “Periodic Payment of Judgments in Medical and Dental Malpractices Actions”, and Section 50-B is called “Periodic Payment of Judgments in Personal Injury, Injury to Property, and Wrongful Death Actions”.  Both require, under certain circumstances, that certain awards to claimants be paid over time.  Both also provide that such payments over time are non-assignable, except in certain circumstances.  In particular,…

Read More Read More

Add Oregon to List of States Enforcing Insurers’ Contract Rights under Structured Settlement Agreements

Add Oregon to List of States Enforcing Insurers’ Contract Rights under Structured Settlement Agreements

As described in this post, the Oregon Courts of Appeals in Johnson v. J.G. Wentworth Originations, LLC, 284 Ore. App. 47, 2017 Ore. App. LEXIS 280  (Ore. Ct. App. Mar. 1, 2017), earlier this year upheld the rights of a structured settlement obligor and annuity issuer to enforce a contractual anti-assignment provision and thereby preclude a proposed structured settlement factoring transaction. The post pointed out that the decision, in a proceeding commenced pursuant to the Oregon Structured Settlement Protection Act, applied California law, and followed “earlier precedent…

Read More Read More

News Reports: Judges’ Signatures Were Forged in More Than 100 Matters Filed Pursuant to the Florida Structured Settlement Protection Act

News Reports: Judges’ Signatures Were Forged in More Than 100 Matters Filed Pursuant to the Florida Structured Settlement Protection Act

News stories in a number of publications this week reported that a number of Broward County, Florida, judges’ signatures were forged in more than one hundred matters that had been filed pursuant to the Florida Structured Settlement Protection Act. Among the stories are the following: Rules Change After Lawyer Accused of Forging Judges’ Signatures 114 Times, from the Daily Business Review, and available here; and Lawyer is accused of forging judges’ signatures on more than 100 documents, from the ABA…

Read More Read More