A newly approved opinion directs judges evaluating structured settlement sales in exchange for lump-sum payments to push their inquiries beyond the litigant’s basic understanding of the deal—and in the process hammers down some much-needed guideposts.
“Absent criteria from the Legislature, and with only one published judicial decision on this issue by a New Jersey trial court, this court has developed a list of questions with an eye toward creating a coherent factual record upon which an informed decision may be made,” Atlantic County Superior Court Judge Nelson Johnson said in In re T. Keena, Transfer of Structured Settlement Proceeds to Peachtree Settlement Funding, which was approved for publication Sept. 29.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
