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: Beyond Structured SettlementsS2P2J Release 48
By Patrick Hindert
Publisher Incisive Media has announced October 21, 2010 as the distribution date for Release 48 of "Structured Settlements and Periodic Payment Judgments" (S2P2J). First published in 1986, S2P2J is co-authored and updated semi-annually by Daniel W. Hindert, Joseph J. Dehner and Patrick J. Hindert. Both the National Structured Settlement Trade Association (NSSTA) and the Society of Settlement Planners (SSP) utilize S2P2J as an educational resource for their certification programs.
S2P2J Release 48 Highlights
- How the Spencer v. Hartford and the Macomber v. Travelers class action lawsuit settlements impact structured settlements; and
- More specifically, how these two class action settlements impact structured settlement risk analysis, business strategy, business models, business practices and business standards for various stakeholders and participants:
- Chapter 4 - Defendants and their attorneys:
- Whether and how to structure
- Risk and cost analysis
- Related party transactions
- Insurance policy issues
- Financial impact
- Releases and assignments
- Multiple defendant cases
- Chapter 5 - Plaintiffs and their attorneys
- Settlement planning options and responsibilities
- Comparing lump sums and structured settlements
- Investment standards
- Addressing the risk of non-payment
- How to control decision making
- Integrating government benefits
- Informed consent
- Chapter 6 - Structured settlement consultants
- Available resources
- Products and services
- Business standards and practices
- Licensing and certification
- Agent vs. broker
- Conflicts of interest
- Representations and misrepresentations
- Obligations and potential liabilities
- Chapter 7 - Structured settlement negotiation strategy
- Public policy
- Legal mandates
- Negotiation guidelines
- Safe harbors
- Defense and plaintiff strategies
- Discovery issues
- Compensation issues
- Secondary market issues
- Minors and incompetents
- Disclosure and privacy
- Utilizing 468B funds
- Drafting settlement documents
- Court approval
- Chapter 4 - Defendants and their attorneys:
- Release 48 also updates recent developments for:
- Structured settlement public policy (Chapter 1),
- 468B settlement funds (Chapter 3) and
- The secondary market (Chapter 16).
Full post as published by Beyond Structured Settlements on September 13, 2010 (boomark / email).
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