Request for continuance
2026-01552256 4. Pacheco v. MaaRanu 2025-01497228 CONTINUED TO AUGUST 6, 2026, AT 2:00 P.M., IN DEPARTMENT C23, pursuant to June 2. 2026 minute order.
5. In Re: Crestpoint Capital, LLC 2026-01559773 Please see notice above regarding oral argument on this motion/petition Before the court is the petition of petitioner Crestpoint Capital LLC (Petitioner) for court approval of proposed transfer of certain periodic payments real party in interest and payee Samantha Mena (Payee) is scheduled to receive under a structured settlement.
As more fully set forth below, the hearing on the petition is CONTINUED TO AUGUST 13, 2026, AT 2:00 P.M., IN DEPARTMENT C23, for Petitioner to provide additional information necessary to enable the court to determine whether the required findings can be made.
In these proceedings, Petitioner seeks court approval for Payee to transfer four periodic payments including one semiannual payment of $10,000 due on January 1, 2027, one lump sum payment of $25,000 due on May 3, 2027, one lump sum payment of $50,000 due on May 3, 2031, and one lump sum payment of $60,000 due on May 3, 2034. These payments total $145,000 and have a discounted present value of $113,946.41. In exchange for transferring the right to receive these monthly payments, Payee would receive a present, lump sum payment of $61,799.25, which represents 54.24 percent of the payments’ present value and equates to an equivalent interest rate of 19.96 percent if Payee were to take a loan.
Insurance Code section 10139.5, subdivision (b) requires the court to consider a variety of circumstances, including Payee’s financial and economic situation, to determine whether the transfer is fair and reasonable, and in the best interest of the Payee. Petitioner and Payee, however, have failed to provide sufficient information for the court to make such a determination, including the amounts and sources of monthly income and/or financial resources, and Payee’s monthly expenses. (Ins. Code § 10139.5, subd. (c)(2).)
Payee states she has been supporting herself for three years, but also states she is unemployed. Those statements are contradictory without further information and explanation. It also is unclear from the petition whether Payee is entitled to any other payments under the settlement agreement and annuity other than the payments to which she seeks to
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