Legal Opinion

Metropolitan Insurance & Annuity Co. v. Peachtree Settlement Funding, LLC

Court of Appeals of Texas

Decided June 2, 2016No. 01-15-00147-CVPublishedCited by 12 opinions

1Opinion of the Court

OPINION

Laura Carter Higley, Justice

This dispute arises from an agreement in which Sara Swain1 transferred to Peachtree Settlement Funding, LLC (“Peachtree”) a portion of her structured settlement payments she • receives from Metropolitan Life Insurance Company (“Metropolitan Life”) and Metropolitan Insurance & Annuity Company (“Metropolitan Annuity”) in exchange for a lump-sum payment from Peachtree. Peachtree sought and obtained a final order from the district court, approving the agreement to transfer the structured settlement payments from Swain to Peachtree.

On appeal, Metropolitan Annuity…

2Cases cited16 opinions

  1. Downer v. Aquamarine Operators, Inc.Texas Supreme Court · 1985
  2. J.M. Davidson, Inc. v. WebsterTexas Supreme Court · 2003
  3. State v. ShumakeTexas Supreme Court · 2006
  4. Frost National Bank v. L & F Distributors, Ltd.Texas Supreme Court · 2005
  5. Till v. Thomas, Texas Court of Appeals, 1st District (Houston)1999

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3Cited by12 opinions

  1. In re HughesCourt of Appeals of Texas · 2016
  2. Gusma Properties, L.P. v. Travelers Lloyds Insurance Co.Court of Appeals of Texas · 2016
  3. Lonnie Dolphus Strawhacker v. State of ArkansasSupreme Court of Arkansas · 2022
  4. 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
  5. Arroyo v. State Farm Mutual Automobile Insurance CompanyDistrict Court, S.D. Texas · 2024

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