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321 HENDERSON v. MARTINEZ

11 Misc.3d 892 (2006)

816 N.Y.S.2d 298

In the Matter of 321 HENDERSON RECEIVABLES, L.P., Petitioner, v. PEDRO MARTINEZ, JR., et al., Respondents.

Supreme Court, New York County.

January 13, 2006.

Attorney(s) appearing for the Case

Lum, Danzis, Drasco & Positan, LLC, New York City (Paul Michael McCormick of counsel), for petitioner.

Sean E. Stanton, New York City, for Pedro Martinez, Jr., respondent.

OPINION OF THE COURT

ALICE SCHLESINGER, J.

This case involves a significant, yet often overlooked, statute which appears to have a disproportionate impact on persons of color and persons of limited income. The statute, found in title 17 of New York's General Obligations Law, is known as the Structured Settlement Protection Act (SSPA). Simply stated, the SSPA requires judicial approval as a precondition to an injured...

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