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Thursday
19Mar2009

Casting a Bad Light: Allstate v. Rapid Settlements

DateThursday, March 19, 2009 at 02:14PM

On March 9, 2009 the Washington Post picked up on a story about the structured settlement factoring business.  That story concerned a recent US 3rd Circuit Court of Appeals decision deciding a dispute between Rapid Settlements and Allstate over Rapid's use of arbitration clauses in structured settlement transfers.  The court's decision was one thing, but the way the court and the Washington Post chose to characterize the entire structured settlement factoring business was quite another. 

The Allstate Settlement Corp. v. Rapid Settlements, Ltd. is here.   The Washington Post article is found here. 

Watch Scott Drake of the Legal Broadcast Network interview Matt Bracy, General Counsel of Settlement Capital Corporation for more information and commentary on this case and the way it has been covered.

PART ONE:

 PART TWO:

 

 

Contact Matt Bracy at mbracy@setcap.com with any questions about this case or the structured settlement factoring industry in general.   

 

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