by Structured Settlement Watchdog
A settlement has been reached in principle, between Wilcac Structured Settlements Inc d/b/a CNA Structured Settllements, inc. ,Wilcac Life Insurance Company (“Plaintiffs”) and the parents of a deceased minor in Wilcac Structured Settlements, Inc. v. Ipek et. al., Case No. 2:19-cv-06928-DLI-ST according to a letter filed October 1, 2020 with the United States District Court Eastern District of New York. Norwalk Connecticut based Wilcac had sued a Mineola New York couple, individually and as guardians of for their deceased son, seeking recovery of $272,266.14 in overpaid life contingent structured settlement payments paid after the death of their son. Defendants had refused to repay the $272,266.14 according to the Complaint. For further background please read my January 5, 2020 post.
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