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SYMETRA LIFE INS. CO. v. RAPID SETTLEMENTS LTD.

Civil Action No. H-05-3167.

612 F.Supp.2d 759 (2007)

SYMETRA LIFE INSURANCE CO., et al., Plaintiffs, v. RAPID SETTLEMENTS LTD., Defendant.

United States District Court, S.D. Texas, Houston Division.

July 19, 2007.

Attorney(s) appearing for the Case

Jeff D. Lefkowitz, Andrews Myers et al., David D. Sterling, Jennifer Anne Powis, Maryanne Lyons, Baker Botts LLP, Houston, TX, Katherine A. Scanlon, Peter J. Vodola, Pullman & Comley, LLC, Hartford, CN, for Plaintiffs.

Joseph K. Watts, Stewart A. Feldman, Susan Frances Hatcher, The Feldman Law Firm LLP, Stan F. Nelson, Stan F. Nelson, James M. Cleary, Jr., Levon G. Hovnatanian, Martin Disiere et al., Houston, TX, for Defendant.

MEMORANDUM, OPINION, AND ORDER

LEE H. ROSENTHAL, District Judge.

This is a suit between companies that provide, service, and purchase structured settlement payment rights. The structured settlement industry is regulated in forty-six states by structured settlement protection acts (SSPAs). The SSPAs impose requirements that must be met before an annuitant may transfer future structured settlement payment rights to a third party. See, e.g., TEX. CIV...

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