Texas Court Eases Checks On Structured Settlement Cos.

Law360, New York (January 11, 2012, 8:02 PM EST) -- A Texas appeals court on Tuesday reversed a temporary injunction against structured settlement purchasing companies Rapid Settlements Ltd. and RSL Funding LLC that had prevented them from doing business with competitor Settlement Funding LLC's clients, calling the injunction overly restrictive.

The injunction was issued in a dispute in which Settlement Funding, doing business as Peachtree Settlement Funding, accused Rapid and RSL of trolling court records to find Peachtree's clients and lure them away. The companies all compete in the secondary market for structured settlement payment rights...
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