C.U. Annuity Service Corp. v. Young

—Order, Supreme Court, New York County (Herman Cahn, J.), entered June 23, 2000, which denied plaintiffs’ motion for summary judgment declaring void defendant Young’s sale of his right to receive periodic payments from plaintiffs pursuant to a tort settlement and granted defendants’ cross motion for summary judgment dismissing the complaint, unanimously reversed, on the law, without costs, the motion granted and the cross motion denied. The Clerk is directed to enter judgment accordingly.

Defendant Scott Young is a personal injury claimant who entered into a structured settlement agreement…