What are the critical questions for defendants (and your insurers and your re-insurers and your attorneys) resulting from the proposed settlement of the Spencer v. Hartford class action lawsuit - assuming YOU, as a defendant, participate in funding structured settlements?
Question number 1: What are your risks for non-disclosure and/or lack of full disclosure?
Question number 2: What information do you need to disclose - and to whom and when?
Question number 3: Assuming you fully disclose, how do you save money using structured settlements?
For a valuable (pre - Spencer v. Hartford settlement) analysis about how defendants save money using structured settlements, see Section IV "Helping the Wrong Party" in Jeremy Babener's article titled: "Structured Settlements and Single-Claimant Qualified Settlement Funds: Regulating in Accordance with Structured Settlement History".
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