Settlement Funding, LLC v. Transamerica Occidental Life Insurance

JENNIFER W. ELROD, Circuit Judge:

Plaintiff-Appellant Settlement Funding, LLC, (“Settlement Funding”) appeals the district court’s summary judgment in favor of the United States, as well as the district court’s denial of Settlement Funding’s motion for default judgment against Rose Garcia. We affirm.

FACTS AND PROCEEDINGS

In 1992, Rose Garcia and the United States settled a lawsuit filed under the Federal Tort Claims Act. Pursuant to the settlement, the United States purchased an annuity (the “Annuity”) from Trans-America Occidental Life Insurance Co. (“TransAmerica”). Under the terms of the…