Potential Liability of Structured Settlement Brokers

Stephen Harris contributed an article to the American Bar Association's Admiralty Litigation committee website titled, "Potential Liability of Structured Settlement Brokers." In the article he explains that the lines between plaintiff and defense broker have become increasingly blurred, but it’s safe to say that those brokers who may be deemed to have plaintiffs as clients will likely be held to have a fiduciary duty to those plaintiffs; but even if there is no client relationship, or even an adverse relationship, courts may find a basis for liability based on a third-party beneficiary theory.

To read the full article, click here.


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Stephen R. Harris

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sharris@cozen.com

(215) 665-4121


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