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: Portsmouth VA Structured Settlements
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How much time should a judge spend in determining the best interest standard before approving a petition to transfer? Who is the Structured Settlement Protection Act Intended To Benefit?
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How is it possible, at less than one minute per case, for ANY judge to determine that the best interest standard was complied with in accordance with state and federal law?
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In just over 24 months, 11 transfer orders were granted in the Commonwealth of Virginia, 10 of which were submitted by the same attorney and approved by the same judge, which effectively divested an amputee burn victim of his structured settlement that was designed to last for his entire lifetime,
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The Lafontant and Taylor cases put structured settlement transfer laws under the spotlight, laws that are supposed to protect individuals from the alleged business conduct that has occurred.
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With Stephen Heretick at the helm as counsel in all 10 structured settlement factoring transactions in 24 months, clients of Heretick, including Structured Asset Funding, ISettlements, Bexhill (Client First) and others were able to financially exploit Terrence Taylor for millions and millions of dollars.
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If an interpleader is granted, a similar fate may await investors who procured structured settlement payment rights through Genex Capital as those who bought structured settlement derivatives from other companies that were originated by Access Funding. Suspended income payments!
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Judge Morrison was the duty judge on October 30, 2014, when judge Dean Sword, Jr. presided over 34 structured settlement transfer cases in under an hour. The notion that the “best interest standard”could possibly have been upheld in those cases with at less than 2 minutes for consideration is obscene