Insurer Opposes Partial Sale Of Wrongful Death Structured Settlement

(April 22, 2016, 8:01 AM EDT) -- HOUSTON — A Texas appellate court is scheduled to hear oral arguments on April 26 in the appeal of a trial court’s approval of a servicing arrangement whereby the insurer, who entered into a settlement agreement with the guardian of a minor following the death of the minor’s mother, will make its periodic payments to a company that was sold a partial interest in the settlement agreement’s monthly payments (Metropolitan Life Insurance Company, et al. v. Peachtree Settlement Funding, LLC, et al., No. 01-15-00147-CV, Texas App., 1st Dist.)....