Legal Opinion
Symetra Life Insurance v. Rapid Settlements, Ltd.
District Court, S.D. Texas
Decided July 28, 2009No. Civil Action H-05-3167PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
LEE H. ROSENTHAL, District Judge.
This case arises from the secondary market in structured settlement payment rights. The National Association of Settlement Purchasers (“NASP”) intervened in the suit that Symetra Life Insurance Co. and Symetra Assigned Benefits Service Co. (together, “Symetra”) brought against Rapid Settlements, Ltd. In that suit, Symetra sought a preliminary and permanent injunction preventing Rapid Settlements from using arbitration to circumvent the requirements of the state structured settlement protection statutes. On January 10, 2007, 2007 WL 114497,…
2Cases cited21 opinions
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- Ebay Inc. v. Mercexchange, L. L. C.Supreme Court of the United States · 2006
- Keystone Driller Co. v. General Excavator Co.Supreme Court of the United States · 1933
- Highmark, Incorporated v. Upmc Health Plan, IncorporatedCourt of Appeals for the Third Circuit · 2001
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3Cited by3 opinions
- Jornaleros de Las Palmas v. City of League CityDistrict Court, S.D. Texas · 2013
- In Re A Transfer Of Structured Settlement Payment Rights By Laurel J. ShanksCourt of Appeals of Tennessee · 2014
- Lockwood International, Inc. v. Wells Fargo Bank, National AssociationDistrict Court, S.D. Texas · 2020