In this weeks edition of Speaking of Settlements, Mark Wahlstrom discusses the liquidation hearings that are on going in the matter of Executive Life of New York. As this video comes to air the structured settlement profession is waiting to see what Judge John Galasso determines to be the most equitable go forward plan for the annuity owners and beneficiaries of the ELNY contracts. Mark looks at the story and points listeners to his web page at thesettlementchannel.com to find links to articles on the hearings, the $100 million hardship fund for those who face reductions, as well as industry pages explaining the impact on structured settlements. What has the structured settlement industry learned from this failure and will a full, transparent autopsy of the process take place once it is finalized?
For more information on structured settlements, structured sales and settlement planning please go to settlementexpertTV.com for news and commentary updates each week.
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