Judge: James A. Mangione, Case: 37-2023-00056490-CU-PT-CTL, Date: 2024-03-01 Tentative Ruling

SUPERIOR COURT OF CALIFORNIA,

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HALL OF JUSTICE

TENTATIVE RULINGS - February 29, 2024

03/01/2024  09:00:00 AM  C-75 COUNTY OF SAN DIEGO

JUDICIAL OFFICER:James A Mangione

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Civil - Unlimited  Petitions - Other Motion Hearing (Civil) 37-2023-00056490-CU-PT-CTL IN RE PETITION OF J.G. WENTWORTH ORIGINATIONS LLC [IMAGED] CAUSAL DOCUMENT/DATE FILED:

Petitioner J.G. Wentworth Originations, LLC's Petition for Approval for Transfer of Payment Rights Belonging to Deborah McMullen Fugate is denied without prejudice.

The Court finds that the transfer is not fair, reasonable and in the best interest of Payee. Specifically, the purchase price is less than half the discounted present value of the settlement annuity payments, and the 24.99% interest rate equivalency is excessively high.

The minute order is the order of the Court.

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3080107  37