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No Need To File Under Seal, Judge Tells Factoring Company

No Need To File Under Seal, Judge Tells Factoring Company

A Minnesota court recently denied a request for court approval, under the Minnesota Structured Settlement Protection Act, of a proposed transfer of structured settlement payment rights. As described in posts here and here and here, the court concluded that the transfer was not in the payee's best interests and that the payee had not received independent professional advice – and that the factoring company did not expressly disclose to the court the fact that there had been a prior, court-approved transfer of another…

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