Narrative Opinion Summary
Judgment was rendered by the Fourteenth Court of Appeals on August 25, 2016, involving appellants Metropolitan Life Insurance Company and Metropolitan Tower Life Insurance Company against appellees Structured Asset Funding, LLC d/b/a 123 Lumpsum, Andrew Jonathan Settlement Fund, LLC, and Bradley Turpin. The appeal stemmed from a final order dated June 9, 2015, which approved the transfer of structured settlement payment rights. The court reviewed the record and identified errors in the original judgment. Consequently, the judgment was reformed to impose all costs on Structured Asset Funding, LLC d/b/a 123 Lumpsum. The court affirmed the lower court's judgment with the specified modifications and mandated that Structured Asset Funding, LLC pay all costs related to the appeal. The decision is to be certified for observance.
Legal Issues Addressed
Allocation of Appeal Costssubscribe to see similar legal issues
Application: The appellate court decided that Structured Asset Funding, LLC is responsible for all costs related to the appeal.
Reasoning: The court affirmed the lower court's judgment with the specified modifications and mandated that Structured Asset Funding, LLC pay all costs related to the appeal.
Certification of Judgment for Observancesubscribe to see similar legal issues
Application: The court's decision, including the reformed judgment and cost imposition, is to be certified for observance, ensuring compliance with the appellate court's ruling.
Reasoning: The decision is to be certified for observance.
Review and Correction of Lower Court Judgmentsubscribe to see similar legal issues
Application: The appellate court identified and corrected errors in the original judgment by reforming the judgment to impose all costs on Structured Asset Funding, LLC.
Reasoning: The court reviewed the record and identified errors in the original judgment. Consequently, the judgment was reformed to impose all costs on Structured Asset Funding, LLC d/b/a 123 Lumpsum.