IN RE RAPID SETTLEMENTS, LTD. v. BHG STRUCTURED SETTLEMENTS, INC.

No. 09-06-057 CV, No. 09-06-155 CV.

202 S.W.3d 456 (2006)

IN RE RAPID SETTLEMENTS, LTD. AND RAPID MANAGEMENT CORP. AND RAPID SETTLEMENTS, LTD. AND RAPID MANAGEMENT CORP., Appellants, v. BHG STRUCTURED SETTLEMENTS, INC., BERKSHIRE HATHAWAY LIFE INSURANCE COMPANY OF NEBRASKA AND BRYAN CORY STEELE, Appellees.

Court of Appeals of Texas, Ninth District, Beaumont.

Opinion Delivered September 14, 2006.


OPINION

PER CURIAM.

Rapid Settlements, Ltd. and Rapid Management Corporation contend the trial court abused its discretion in setting aside the arbitrator's orders and staying the arbitration proceedings. The arbitration clause is contained in an agreement to transfer structured settlement payments. Because court approval is a condition precedent to the formation of the contract that contains the arbitration clause, we hold the trial court did not abuse...

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