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Litigation

: Structured Settlements 4Real

Houston "Cat Fight" Exposes Seedy Underbelly Of Structured Settlement Factoring Industry

By John Darer

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Step right up, it's two cash now pushers fighting in the sandbox.Time to break out the popcorn!

Cat_ready_for_fight_md_clr Lion_roar_md_clr 
 
You won't see me thanking Peachtree very often but an attempt to execute a judgment over the reviled Rapid Settlements has led us to some very revealing court documents.

Only days ago constables descended upon the offices of Rapid Settlements' offices on Westheimer in Houston Texas to execute a writ of judgment stemming from a 2006 case. (2006-2366A)

During the course of the proceedings Stewie Feldman, the "proboscis" for Rapid Settlements, allegedly assaulted L. Bradley Hancock of Greenberg Traurig's Houston office who represented Peachtree.

Stewie-DeuceSubsequently Feldman, who some in the factoring industry might feel is as diabolical as his Griffin name sake, filed for a Temporray Restraining Order, Preliminary Injunction and Permanent Injunction in a matter styled The Feldman Law Firm, LLP and rSL Funding, LLC v Settlement Funding, LLC D/D/A Peachtree Settlement Funding (2010-03192) 113th Judicial District Court, Harris County, TX.

The Peachtree papers submitted in opposition to Feldman paint a seedy picture of Rapid Settlements as perpetual abusers of the legal system. It's a great read. Free admission at the Office of the Harris County Clerk. You will need to register to review the documents.

Full post as published by Structured Settlements 4Real on January 25, 2010 (boomark / email).

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