by Structured Settlement Watchdog
Sovereign Funding CEO David Springer’s attorneys have had their petition to withdraw from his defense granted by Judge Garbis of the District of Maryland
Springer was noticed 7 days prior to the January 8, 2014 filing of the motion to withdraw. An on-the-record in camera conference was held last week with Magistrate Judge Beth Gesner to determine if there were any pertinent matters relating to the withdrawal other than the reason for withdrawal reflected in the attachment to the motion. Magistrate Judge Gesner reported that there are no such matter.
- Offit Kurman must provide Defendant Springer a copy of Judge Garbis Order of February 27, 2014 and must file a document confirming that such a copy has been received by him.
- Defendant Springer shall, by March 28, 2014 either have successor counsel enter his/her appearance or file a statement that he intends to proceed pro se in the defense of this case.
- If Defendant Springer complies with ¶ 2, the case shall proceed pursuant to existing scheduling.
- If Defendant Springer does not comply with ¶ 2, a default judgment shall be entered against him.
Offit Kurman is the Second Law Firm to withdraw from David Springer’s Defense
As previously reported, Bethesda MD’s Offit Kurman’s withdrawal marks the second law firm that has withdrawn from Springer’s defense. Springer’s initial defense was provided by Michael Cryan and Leah Montesano of Arent Fox LLP.
The Springer case is notable for many reasons, including highlighting the depths that certain participants in the structured settlement secondary market will plumb to promote their cash now businesses
David Springer admitted under oath to creating PHONY NAMES which were held out to be employees of his business.
Springer freely impersonated men or women with reckless abandon to promote his structured settlement funding business, even admitting on the record to submitting fake information to the Better Business Bureau, a service used by consumers and heavily promoted by the structured setlement secondary market as a credible source for determining which company to do business with.
The trial was set to begin May 5, 2014, but went forward in August 2014.
Springer was Eventually Held Liable by Judge Marvin Garbis after a Bench Trial
David Springer Found Liable by Maryland Federal Judge for Defamation and Trademark Infringement – Structured Settlements 4Real® Blog March 31, 2015