Structured Settlements 4Real®Blog 2026
Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
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Category: NY Structured Settlement Protection Act
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Niagara Judge Matt Murphy said February 17, 2021 “approving the petition of Tiger Parrish LLC would effectively deprive New York courts of their role under the Structured Settlement Protection Act and transfer that role to Mr. Eglow, who is not bound by the statutory and precedential standards*.
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Are you a resident of New York who has been threatened by a settlement buyer that has advanced money on a structured settlement factoring transaction, simply because you got cold feet, or otherwise decided to back out?
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While employed at the New York City personal injury firm of Paris & Chaikin from July 2010 to October 2013, Thomas Rubino forged the signatures of 76 New York state judges on structured settlement transfer orders as part of a total of 234 counts of forgery on 117 falsified orders and other documents
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New York State General Obligations Law 5-1702 places a burden on defense lawyers, defendants, insurance adjusters having New York adjudicated casesthem or their client to make certain written disclosures when a structured settlement is negotiated.
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After “noodling” it over, the judge “poured hot water” on Rahman for failing to adequately explain why the guaranteed nature of the annuity payout and the minimal risk involved for Petitioner justifies what the Judge deemed an “exorbitant interest rate”.
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NY Structured Settlement Protection Act amendment signed into law in 2010 by NY Governor David A. Patterson, added a requirement that the structured settlement payees attend the transfer hearing to approve the transfer of structured settlement payment rights. NY General Obligations Law 5-1705
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Bernie Madoff appears destined to die in jail, the reporting of the fraud in the financial press is likely to cause some confusion. Therefore 4structures.com, LLC has done a brief structured settlement survey of structured settlement annuity issuers for official statements on their Madoff exposure, if any.
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Structured settlement expert John Darer discusses the rights and responsibilities of plaintiffs and defendants under New York General Obligations Law §5-1702, a/k/a the New York Structured Settlement Protection Act, in this video podcast