(Trial Court’s Order to Divide Structured
Settlement Payments Over Insurer’s Objection Violates the
Structured Settlement Protection Act)
In RSL Funding, LLC v. Alford, 239 Cal. App. 4th 741
(August 18, 2015), the California Court of Appeal reversed the
“trial court’s approval of an order directing the
transfer of structured settlement payments to plaintiff and
respondent RSL Funding, LLC (RSL).
Defendant Felicia Alford, then a minor, entered into a
settlement in 1994 (by her guardians) for her personal injury claim
against State Farm’s insureds. A court order approved the
settlement, which directed State Farm to provide an annuity with
specified structured payments to Ms. Alford ($10,000 annually from
August 11, 2003 through August 11, 2006; $50,000 on August 11,
2009; $100,000 on August 11, 2016; and $151,558.80 on August 11,
2021).
