Two Texas payees each sold structured settlement payment rights in a series of transactions to two factoring companies – creating situations that led to disputes between the factoring companies and, recently, to parallel opinions, in cases arising from Texas Structured Settlement Protection Act (SSPA) proceedings, from the Texas Court of Appeals.
In those opinions, J.G. Wentworth Originations, LLC v. Freelon, No. 01-13-00059-CV (Tex. Ct. App. Aug. 12, 2014), and J.G. Wentworth Originations, LLC v. Perez, No. 01-13-000264-CV (Tex. Ct. App. Aug. 12, 2014), the appeals court… [read post