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CORDERO v. TRANSAMERICA ANNUITY SERVICE CORP.

No. 21-11340.

34 F.4th 994 (2022)

Lujerio CORDERO, Plaintiff-Appellant, v. TRANSAMERICA ANNUITY SERVICE CORPORATION, a.k.a. Wilton Re Annuity Service Corporation, Defendant-Third-Party Plaintiff-Appellee, Transamerica Life Insurance Company, Defendant-Cross Claimant-Appellee, Alliance Asset Funding, LLC, et al., Third-Party Defendants-Cross Defendants.

United States Court of Appeals, Eleventh Circuit.

Filed: May 17, 2022.

Attorney(s) appearing for the Case

Brenton N. Ver Ploeg , Daniel Litman Gross , Michal Meiler , Allie C. Watson , Ver Ploeg & Marino, PA, Miami, FL, Benjamin C. Hassebrock , Hunton Andrews Kurth, LLP, Miami, FL, for Plaintiff-Appellant.

Stephen R. Harris , Law Office of Stephen Harris, Philadelphia, PA, Elizabeth Fata Carpenter , Cozen O'Connor, West Palm Beach, FL, David Stahl , Cozen O'Connor, Miami, FL, for Defendant-Third-Party Plaintiff-Appellee.

David Stahl , Cozen O'Connor, Miami, FL, for Defendant-Cross Claimant-Appellee.

Before Wilson, Rosenbaum, Circuit Judges, and Conway, District Judge.

This appeal involves a plaintiff who received a structured settlement because of a tort injury but ultimately sold his settlements to a factoring company. Factoring companies routinely reach out to injured tort victims who received structured settlements and provide lump-sum cash payments to those individuals in exchange for the settlement...

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