WEBBANK v. AMERICAN GENERAL ANNUITY SERVICE

Nos. 20010253, 20010256, 20010259.

54 P.3d 1139 (2002)

2002 UT 88

WEBBANK, a Utah industrial loan corporation, Susan Soliz, Justin Magner, Econuel Ingram, and Johnny Childers, Plaintiffs and Appellees, v. AMERICAN GENERAL ANNUITY SERVICE CORP., a Texas corporation, Allstate Insurance Company, Allstate Settlement Company, a Nebraska corporation, and Metropolitan Insurance and Annuity Co., a Delaware corporation, Defendants and Appellant. WebBank, a Utah industrial loan corporation, and Jesse Rodriguez, Plaintiffs and Appellees, v. Metropolitan Insurance and Annuity Co., a Delaware corporation, Defendant and Appellant. WebBank, a Utah industrial loan corporation, and Justice Lockridge, Plaintiffs and Appellees, v. Metropolitan Insurance and Annuity Company, a Delaware corporation, Defendant and Appellant.

Supreme Court of Utah.

August 16, 2002.


Attorney(s) appearing for the Case

Glen F. Strong, Craig T. Jacobsen, David C. Wright, Salt Lake City, and Craig M. Lessner, Norcross, GA, for WebBank.

Stephen C. Baker, Michael J. Miller, Philadelphia, PA, and Milo Marsden, Salt Lake City, for American General Annuity Service Corp., Allstate Insurance Co., Allstate Settlement Co.

Bret F. Randall, Melissa J. Barbanell, Salt Lake City, for Metropolitan Insurance & Annuity Co.


RUSSON, Justice:

¶ 1 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...

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