321 HENDERSON PARTNERSHIP


2 Misc.3d 463 (2003)

769 N.Y.S.2d 859

In the Matter of 321 HENDERSON RECEIVABLES LIMITED PARTNERSHIP, Petitioner, for Approval of a Transfer of Structures Settlement Proceed Rights of JASON DEMALLIE.

Supreme Court, Monroe County.

December 5, 2003.


Attorney(s) appearing for the Case

Morris & Morris (Bernadette Weaver-Catalano of counsel), for petitioner.


OPINION OF THE COURT

ANDREW V. SIRACUSE, J.

Six months ago, in Matter of Emerald Funding (Sup Ct, Monroe County), this court had the opportunity to discuss General Obligations Law § 5-1701 et seq., the so-called Structured Settlement Protection Act (SSPA). At that time the court addressed a provision in an annuity agreement that deprived the payee of both right and power to alienate any part...

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