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SYMETRA LIFE INS. CO. v. RAPID SETTLEMENTS, LTD.

Civil Action No. H-05-3167.

657 F.Supp.2d 795 (2009)

SYMETRA LIFE INSURANCE CO., et al., Plaintiffs, National Association of Settlement Purchasers, Intervenor, v. RAPID SETTLEMENTS, LTD., Defendant.

United States District Court, S.D. Texas, Houston Division.

July 28, 2009.

Attorney(s) appearing for the Case

Jeff D. Lefkowitz, Andrews Myers et al., Maryanne Lyons, Baker Botts LLP, Houston, TX, Katherine A. Scanlon, Peter J. Vodola, LLC, Pullman & Comley, Hartford, CN, for Plaintiffs.

David D. Sterling, Jennifer Anne Powis, Baker Botts LLP, Houston, TX, for Plaintiffs/Intervenor.

Patrick Henry Peters, III, Joshua Bryant Nix, Baker Botts LLP, Houston, TX, for Intervenor.

Stewart A. Feldman, Feldman & Associates, James M. Cleary, Jr., Levon G. Hovnatanian, Martin Disiere et al., Gregory Christopher Rota, Ebanks Taylor Horn LLP, Jeff D. Lefkowitz, Andrews Myers et al., Houston, TX, Susan Hatcher Knight, Susan Hatcher Knight, P.C., Cypress, TX, for Defendant.

MEMORANDUM AND ORDER

LEE H. ROSENTHAL, District Judge.

This case arises from the secondary market in structured settlement payment rights. The National Association of Settlement Purchasers ("NASP") intervened in the suit that Symetra Life Insurance Co. and Symetra Assigned Benefits Service Co. (together, "Symetra") brought against Rapid Settlements, Ltd. In that suit, Symetra sought a preliminary and permanent injunction preventing Rapid Settlements from...

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