Structured Settlement Annuity Ownership Rights Upheld in California

In a meaningful victory for structured settlement annuity owners and issuers, the Southern District of California recently dismissed the claims of alleged “intended” beneficiary, Tera Vance, after having dismissed several unsubstantiated claims of Vance months prior in favor of an annuity owner and issuer. For structured settlement annuity owners and issuers, the Judgment issued by Judge Benitez further affirms prior California holdings that the “right to designate the beneficiary of a...
By: Faegre Drinker Biddle & Reath LLP

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