Legal Opinion

Allstate Settlement Corp. v. Rapid Settlements, Ltd.

Court of Appeals for the Third Circuit

Decided March 3, 2009No. 07-3224PublishedCited by 26 opinions

1Opinion of the Court

OPINION

WEIS, Circuit Judge.

State legislation requires court approval of the transfer of future periodic payments provided by a structured settlement of a personal injury claim. In this case, a factoring company sought to evade that requirement by the use of arbitration after a state court refused to approve a lump sum payment in exchange for the rights to future installments. The District Court criticized the factoring company’s practices and entered declaratory as well as injunc-tive relief against it. We will affirm.

I

The receipt of a large sum of money is not always the blessing the…

2Cases cited18 opinions

  1. First Options of Chicago, Inc. v. KaplanSupreme Court of the United States · 1995
  2. At&T Technologies, Inc. v. Communications WorkersSupreme Court of the United States · 1986
  3. Volt Info. Sciences, Inc. v. Bd. of Trustees of Leland Stanford Jr. U.Supreme Court of the United States · 1989
  4. Southland Corp. v. KeatingSupreme Court of the United States · 1984
  5. Perry v. ThomasSupreme Court of the United States · 1987

13 more not listed; retrieve them via the Exa API.

3Cited by26 opinions

  1. Century Indemnity Co. v. Certain Underwriters at Lloyd's, LondonCourt of Appeals for the Third Circuit · 2009
  2. Puleo v. Chase Bank USA, N.A.Court of Appeals for the Third Circuit · 2010
  3. Opalinski v. Robert Half International Inc.Court of Appeals for the Third Circuit · 2014
  4. City of Philadelphia v. Attorney General United StatesCourt of Appeals for the Third Circuit · 2019
  5. Symetra Life Insurance v. Rapid Settlements, Ltd.Court of Appeals for the Fifth Circuit · 2014

21 more not listed; retrieve them via the Exa API.

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