WebBank v. American General Annuity Service Corp.

RUSSON, Justice:

T1 American General Annuity Service Corporation ("American General") appeals the trial court's grant of summary judgment in favor of WebBank. 1 We reverse and remand.

BACKGROUND

¶ 2 The instant case arises in connection with a financial transaction centered around a structured settlement agreement, specifically, the transfer of payments of money owing under the structured settlement agreement. A structured settlement agreement is a method for compensating an injured person. Under a structured settlement, a plaintiff becomes entitled to and receives an amount of money payable…