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Enforcing an "anti-assignment" clause in a structured settlement, a Pennsylvania federal judge ruled an insurer is not obligated to make payments to a company that purchases judgments. The ruling in the insurance dispute overruled a Washington state court ruling in favor of the judgment purchaser, thereby validating a non-assignment clause used to secure favorable tax treatment for the insurer.
February 06, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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