MTR. OF SETTLEMENT CAPITAL CORP.


194 Misc.2d 711 (2003)

756 N.Y.S.2d 728

In the Matter of SETTLEMENT CAPITAL CORPORATION for Approval of Transfer of Structured Settlement Payment Rights of "Y," Petitioner.

Supreme Court, Rensselaer County.

February 11, 2003.


Attorney(s) appearing for the Case

Adam Zoldessy, P.C., New York City, for petitioner.


OPINION OF THE COURT

GEORGE B. CERESIA, JR., J.

Petitioner, Settlement Capital Corporation, has made application for approval of transfer of a periodic payment under General Obligations Law title 17, entitled "Structured Settlement Protection Act" (SSPA). The SSPA was adopted by the State Legislature in 2002 (L 2002, ch 537) to afford greater protection to individuals either entering into a structured settlement agreement or negotiating to sell or transfer...

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