Settlement Consultants Who Have Made Structured Settlement Declaration on Factoring Business Practices
Established in December 2007, the purpose of the Structured Settlement Transparency Initiative is to help tort victims. their lawyers, judges and other stakeholders distinguish those vendors, including structured settlement brokers, settlement planners and litigation recovery management product providers for tort victims, who have willfully separated themselves from the practice of structured settlement factoring compensation, selling of structured settlement payee names to "cash now pushers" or their agents and certain related business practices, by some of those in their industry, by having signed a declaration under penalty of perjury that, as of the date he or she signs, he or she DOES NOT:
- take, nor plan to take, any compensation of any form for referrals to companies that broker, or fund structured settlement factoring transactions;
- sell, nor intend to sell lists of names of structured settlement annuitants to companies that broker, or fund, structured settlement factoring transactions;
- provide, nor intend to provide, structured settlement documents to factoring companies.
It has been proven that the taking of compensation for structured settlement factoring by structured settlement brokers only serves to reduce the bottom line of tort victims who are in an already desperate situation. If there is no disclosure of the business practice, the tort victim has no ability to negotiate the cost of services provided (if any) in good faith. Those who take compensation may do little more than make a referral.
There is also a substantial benefit for ALL parties, including defendants, defense lawyers and insurers, to know that negotiated confidentiality provisions will not be compromised by third party vendors retained by them or their adversaries.
Structured Settlement Brokers and Settlement Planners
Name Link to Declaration
Thomas G. Allen Download thomas_g. Allen 12142007.pdf
Ron E. Carroll Download ron_e_carroll_11112008.pdf
Arthur W. Chapman Download arthur_w. Chapman 12042007.pdf
Kristen S. Chess Download kristen_s. Chess 12202007.pdf
Lynn DeMauro Clark Download lynn_demauro_clark 01292008.pdf
Dale E. Currier Download dale_e. Currier 01222008.pdf
John D. Darer Download john_d. Darer 12102007.pdf
Charles J. Derenne Download Charles J. Derenne 12102008
Brian M. Farrell, Jr. Download brian_m. Farrell, Jr. 01042008.pdf
David J. Hickey Download David J. Hickey 11142008
Christopher Hughes Download christopher_hughes 02072008.pdf
Charles D. Joyner Download charles_d. Joyner 12032007.pdf
James Julian Download james_julian_12122007.pdf
John R. Karter Download john_karter_12192007.pdf
Timothy Kosor Download Timothy Kosor 12032008
Karen L. Lodinger Download karen_lodinger_12262007.pdf
G. Mark Morley Download g. Mark Morley 12222007.pdf
Richard E. Naylon, Jr. Download richard_e. Naylon Jr, 01242008.pdf
Brett Newman Download brett_newman_01222008.pdf
Robert T. Parrinelli Download robert_t.Parrinelli 01032008.pdf
Philip C. Prespare Download philip_prespare_11302007.pdf
Dorothy Scanlan Stevens Download dorothy_scanlan_stevens_01092008.pdf
Danielle Somogyi Download danielle_somogyi_12172007.pdf
Joseph Tombs Download joseph_tombs_12072007.pdf
Bruce T. Wolfe Download bruce_t. Wolfe 12032007.pdf
Peregrine Wroth Download peregrine_wroth_12112007.pdf
(new names are added to this list as as received)
The names and declarations provided for herein are not guarantees of performance and are solely provided as a public benefit to tort victims, lawyers, judges and other interested parties to help them in individual structured settlement broker/settlement planner review, selection and retention. Should any tort victim, lawyer, or other interested party, including a factoring company, learn of facts which would lead to any of the above declarations being false please notify this author as soon as possible. Each individual listed has expressly authorized that his or her declaration may be made public in its entirety. This author retains all original declarations.
Richard Halpern** Download halpern_no_factoring_letter_12132007.pdf
** although the Halpern Group does not place structured settlement annuities, this author feels it appropriate to include Richard Halpern because he places structured settlements using an alternative periodic payment mechanism, the United States Treasury Bond Trust.
A list of individuals who participate in the placement of structured settlements, who have been given the opportunity to execute the Structured Settlement Business Practices Declaration but have not done so, or who have not otherwise done so in writing on their websites, for whatever reason, will be published shortly and sent to each state trial lawyer association and the American Association for Justice, along with this list and the "Those That Do" List along with a white paper for distribution to their members.
