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Imperial Holdings, Inc. Message Board

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  • Lafontant v Imperial Structured Settlements | New Yorker's Alleged Forum Shopping Nightmare

    by Structured Settlement Watchdog
    A New York native, who received a structured settlement as a child has seen his structured settlement destroyed as a young adult in a series of transactions over a ridiculously short period of time, with such transactions all approved by Florida courts as being in his best interest under circumstances that are now in question.
    According to the Complaint filed in United States District Court Southern District of New York at White Plains on December 15, 2014:
    "Within a span of less than six months, Defendants managed to prepare and file three knowingly falsified and misleading petitions in a Sumter County , Florida Court and one with a Broward County, Florida court that were not in Plaintiff's best interests, and which bore no rational relationship to Plaintiff or Defendants resulting in suspect structured settlement payment rights transfers in excess of $4,000,000 to Defendants or their agents. Never once did the Plaintiff appear in Sumter or Broward County". [see Michael Lafontant v Washington Square Financial LLC d/b/a Imperial Structured Settlements, Imperial Finance & Trading, LLC; Imperial Holdings Inc.; and Andrew Levine Case 7:14 cv- 9895-CS ] Download Lafontant v Imperial Structured Setlements and Levine Complaint SDNY
    The allegations in the Lafontant Complaint against Imperial (now DRB Capital) et al. are some of the worst I have seen and, if proven in court, would be a damning "indictment" of how the Florida Structured Settlement Protection Act is being enforced by the Florida judicial system that resulted in the total financial predation of a New Yorker.
    In or about June 1996, when Plaintiff Michael Lafontant (“Lafontant”) was four years old, he received a structured settlement in connection with the compromise negotiated by his lawyers Julian & Schlesinger PC, arising from the wrongful death of his mother, Giselene L

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