Legal Opinion

In re Hughes

Court of Appeals of Texas

Decided August 10, 2016No. 04-15-00482-CVPublishedCited by 7 opinions

1Opinion of the Court

*30OPINION

Opinion by:

Karen Angelini, Justice

Interested parties Metropolitan Life Insurance Company and Metropolitan Tower Resources Group, Inc. (collectively, “Met-Life”) appeal the trial court’s order granting Peachtree Settlement Funding, LLC’s application for approval of transfer of structured annuity benefits. Pursuant to the terms of a wrongful death settlement, Esperanza Hughes is entitled to receive monthly payments of $6,500 for the duration of her life. She contracted with Peach-tree to sell a portion of her annuity ($1,500 per month for 237 months) in exchange for a lump sum cash…

2Cases cited18 opinions

  1. In Re Prudential Insurance Co. of AmericaTexas Supreme Court · 2004
  2. J.M. Davidson, Inc. v. WebsterTexas Supreme Court · 2003
  3. Heritage Resources, Inc. v. NationsBankTexas Supreme Court · 1997
  4. Seagull Energy E & P, Inc. v. Eland Energy, Inc.Texas Supreme Court · 2006
  5. Johnson v. Structured Asset Services, LLC, Texas Court of Appeals, 5th District (Dallas)2004

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3Cited by7 opinions

  1. Renaldo White v. Symetra Assigned Benefits Service CompanyCourt of Appeals for the Ninth Circuit · 2024
  2. Metropolitan Life Insurance Company and Metropolitan Tower Life Insurance Company v. Structured Asset Funding, LLC D/B/A 123 LumpSum, Andrew Jonathan Settlement Fund, LLC, and Bradley Turpin.Court of Appeals of Texas · 2016
  3. BigCommerce, Inc. v. S&O Inc.District Court, W.D. Texas · 2024
  4. JG Wentworth Originations, LLC v. PetrieVermont Superior Court · 2020
  5. Metropolitan Life Insurance Company and Brighthouse Life Insurance Company v. RSL Funding, LLC, RSL Special-IV, Ltd., and Marla Matz Feldman, Texas Court of Appeals, 14th District (Houston)2021

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