In Re: B. Darner

I. Tentative Ruling

Petitioner CBC Settlement Funding, LLC’s petition for approval of transfer of structured settlement payments rights is GRANTED.

II. Background

On October 17, 2019, Petitioner CBC Settlement Funding, LLC filed a petition for court approval of a transfer of certain structured settlement payments from B. Darner (the “Payee”). Notice of this petition was filed on October 22, 2019. The petition stated that Payee is the recipient of certain structured settlement payments under which MetLife Tower Resources Group, Inc. (the “Payment Obligor”) is the obligor and pursuant to which the Payment Obligor purchased an annuity contract issued by Metropolitan Life Insurance Company (the “Payment Issuer) to fund this obligation. Subject to the Court’s approval, Payee has entered into a transfer agreement (the “Transfer Agreement”) to transfer to Petitioner or its assignee one annual payment of in the amount of $20,314.00 due on March 22, 2022 (the “Transferred P