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.
Recent Posts
- “From ‘Bridge to Bitcoin’ to $337M Daily Losses: Less Than a Year Apart.”
- MetLife Announces NQA-Flex Deferred Payment Solution for Non-Physical Injury Settlements
- 🔹Structured Settlements and Bankruptcy of the Payee: What Courts Actually Look At
- Structured Settlement Collection Agency in Henderson, Nevada Is Still Not a Structured Settlement — Now Nevada Law Makes That Clear
- Crypto Still Isn’t Suitable for Injury Victims — A Reminder From This Week’s Headlines
about
Category: US Department of Justice
-
Any annuity broker being considered for selection by the DOJ should be required to verify at the time of selection that he or she meets the minimum qualifications set forth in 28 C.F.R. §50.24(a) and is otherwise competent to provide structured settlement brokerage services to the United States.
-
A structured settlement is financial solution that addresses what most people in America worry about the most. Structured settlements should always be considered in the settlement planning mix. Let’s get this periodic payment party started! John Darer 4structures.com LLC 888-325-8640
-
In a January 7, 2021 decision in JENNIFER LANCLOS, Plaintiff, v THE UNITED STATES, Defendant. 15-358C, the court ruled in favor of the United States and the result is that the US doesn’t have to make up the annuity shortfall arising out of the Executive Life of NY insolvency and liquidation.
-
Disgraced former structured settlement broker Joe Gargan’s Covid-19 Hail Mary pass of excuses in relation to his criminal acts, have resulted in a figurative sack of potatoes. Gargan is going to prison and must report by January 4, 2021. He also must pay more than $9 million in restitution.
-
Joe Gargan, CEO of The Pension Company, pled guilty to embezzling $8 million meant for annuities funding minor settlements. This criminal act not only raised concerns among clients but also imposed additional costs on taxpayers. The case highlighted the need for escrow and proper safeguards to prevent similar fraudulent activity in structured settlements.
-
Joe Gargan embezzled $6.925M from the United States plus more than $1M from a Westchester NY hospital, money earmarked for children. The United States transferred $15.925M to The Pension Company to purchase structured annuities and execute 6 settlement agreements from 2015-2019.
-
The USDOJ Memorandum states that any broker being considered for selection should be required to verify at the time of selection that he or she meets the minimum qualifications set forth in 28 C.F.R. § 50.24(a).
-
Payees have sued the USA over ELNY shortfalls and failed. The United States Court of Appeals for the Federal Circuit in Langkamp case focuses on the settlement agreement. The USA’s commitment was inherent in the language of the agreement, the opinion by Judge Haldane Robert Mayer said.
-
By all accounts, 2018 was the best production year for the structured settlement industry primary market for a decade. Here are the highlights.
-
“As is true with any party in litigation, the United States has the right to select its own experts and consultants, including annuity brokers, and to engage in frank and confidential discussions with its experts and consultants.”