Rapid Settlements, Ltd. v. Symetra Life Insurance
Appellate Court of Illinois
1Opinion of the CourtJustice Byrne
This appeal arose from the petition, filed by petitioner, Rapid Settlements, Ltd., pursuant to the Structured Settlement Protection Act (Act) (215 ILCS 153/1 et seq. (West 2004)), for court approval of a transfer of a portion of Mary Foreman’s structured settlement payment rights. Respondents, Symetra Life Insurance Company and Symetra Assigned Benefits Service Company (Symetra, collectively), the annuity issuer and the structured settlement obligor, respectively, filed an objection to the petition for approval. The trial court approved the transfer but struck from the transfer agreement…
2Cases cited8 opinions
- In Re NitzAppellate Court of Illinois · 2000
- Henderson v. Roadway ExpressAppellate Court of Illinois · 1999
- Green v. Safeco Life InsuranceAppellate Court of Illinois · 2000
- Hoffman v. HoffmanSupreme Court of New Jersey · 1951
- Shaffer v. Liberty Life Assurance Co.Appellate Court of Illinois · 2001
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3Cited by15 opinions
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- Burgess v. BrooksAppellate Court of Illinois · 2007
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