Legal Opinion
In re Settlement Capital Corp.
New York Supreme Court
Decided July 7, 2003PublishedCited by 14 opinions
1Opinion of the Court
OPINION OF THE COURT
Patricia E Satterfield, J.
Petitioner Settlement Capital Corporation (SCC) makes the instant application, pursuant to General Obligations Law, article *4475, title 17, known as the Structured Settlement Protection Act (SSPA), for the approval of transfer of certain rights vested in Richard C. Ballos under a structured settlement funded by Metropolitan Property & Liability Insurance Company. Pursuant to a purchase and sales agreement executed by him on January 21, 2003, Ballos transferred to SCC his rights to $125,000 of the $225,000 annuity that will become payable to him on…
2Cases cited4 opinions
- Rumbin v. Utica Mutual InsuranceSupreme Court of Connecticut · 2000
- Grieve v. General American Life InsuranceDistrict Court, D. Vermont · 1999
- In re Settlement Funding of New York L.L.C.New York Supreme Court · 2003
- In re Settlement Capital Corp.New York Supreme Court · 2003
3Cited by14 opinions
- in Re J. Rains, Annuitant, Texas Court of Appeals, 7th District (Amarillo)2015
- In re Settlement FundingNew York Supreme Court · 2003
- In re 321 Henderson Receivables Limited PartnershipNew York Supreme Court · 2003
- 321 Henderson Receivables, L.P. v. MartinezNew York Supreme Court · 2006
- M & T Mortgage Corp. v. FoyNew York Supreme Court · 2008
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