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· 6/8/1999

Grieve v. General American Life Insurance

Citations

  • 58 F. Supp. 2d 319
  • 41 U.C.C. Rep. Serv. 2d (West) 934
  • 1999 U.S. Dist. LEXIS 11121
  • 1999 WL 527746

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that Vermont UCC did not void an anti-assignment clause in a similar structured settlement
  • relying on the fact that annuity contracts are included in the statutes governing and regulating insurance to hold that annuity is exempt under Article 9
  • “Structured settlement payments are non-assignable in order to preserve the injured person’s long-term financial security.”
  • “This court will not lend its approval to the voiding of unambiguous, bargained-for contract terms in order to enable Singer to profit, at an exorbitant rate of interest, from Grieve’s financial distress.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Sessions

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.