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2026-01559770·orange·Civil·Structured Settlement Transfer
Hearing todayGRANTED

In Re: Barocio

Petition for approval of transfer of structured settlement payment rights

Hearing date
Aug 27, 2026
Department
C23
Prevailing
Moving Party

Motion type

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Monetary amounts referenced

$20,000$30,000$40,000$90,000$77,892.70$45,000

Parties

PetitionerShephard Douglas, LLC
RespondentLucila Barocio

Ruling

before the designated hearing time. Once the online check-in is completed, participants will be prompted to join the courtroom’s Zoom hearing session. Participants will initially be directed to a virtual waiting room pending the start of their specific video hearing. Check-in instructions and instructional video are available at. The Court’s “Appearance Procedures and Information--Civil Unlimited and Complex” and “Guidelines for Remote Appearances” also are available at. Those procedures and guidelines will be strictly enforced.

Public Access: The courtroom remains open for all evidentiary and non-evidentiary proceedings. Members of the media or public may obtain access to law and motion hearings in this department by either coming to the department at the designated hearing time or contacting the courtroom clerk at (657) 622-5223 to obtain login information. For remote appearances by the media or public, please contact the courtroom clerk 24 hours in advance so as not to interrupt the hearings.

NO FILMING, BROADCASTING, PHOTOGRAPHY, OR ELECTRONIC RECORDING IS PERMITTED OF THE VIDEO SESSION PURSUANT TO CALIFORNIA RULES OF COURT, RULE 1.150 AND ORANGE COUNTY SUPERIOR COURT RULE 180.

# Case Name Case Number Tentative 1. In re Crescent Capital Solutions Corp. 2026-01577523 OFF CALENDAR based on request for dismissal filed on August 4, 2026.

2. In Re: Barocio 2026-01559770 Before the court is the continued hearing on the petition of petitioner Shephard Douglas, LLC (Petitioner) for court approval of proposed transfer of certain periodic structured settlement payments payee Lucila Barocio (Payee) is scheduled to receive.

Under the proposed transaction, Payee would transfer her rights to one lump sum payment of $20,000 due February 16, 2028, one lump sum payment of $30,000 due February 16, 2029, and one lump sum payment of $40,000 due February 16, 2030. These payments total $90,000 and have a discounted present value of $77,892.70. In exchange for transferring the right to receive these monthly payments, Payee would receive a present, lump sum payment of $45,000, which represents 57.7 percent of the payments’ present value and equates to an equivalent interest rate of 24.7 percent if Payee were to take a loan.

The court has received and reviewed the following documents and all exhibits and documents attached thereto: (1) the petition and amended petition for approval of transfer of structured settlement payment rights (ROA 2, 13); (2) the declarations of Payee in support of these petitions (ROA 2, Ex. 3 and ROA 21); (3) the notice of filing of underlying structured settlement documents; and (4) the various notices of hearing (ROA 6, 12, 19).

This petition presents a close call because, although Petitioner and Payee have submitted supplemental information following the prior order by the court, much of that information is vague and conclusory and does not necessarily provide all the information the court sought. The court, however, in reviewing the prior cases involving Payee has been able to locate additional information. The court will expect more specific and responsive evidence in the future.

Based on those documents and exhibits, the court makes the following findings as required by Insurance Code sections 10137 and 10139.5(a): (1) The transfer is fair and reasonable and in the best interest of Payee, taking into account the welfare and support of her dependents (none); (2) Payee has been advised in writing by Petitioner to seek independent professional advice regarding the transfer and has either received that advice or knowingly waived, in writing, the opportunity to receive the advice; (3) Petitioner has provided Payee with a disclosure form that complies with Insurance Code section 10136, and the transfer agreement complies with Insurance Code sections 10136 and 10138; (4) The transfer does not contravene any applicable statute or the order of any court or other government authority and otherwise complies with the requirements of Insurance Code section 10134, et seq.; (5) Payee understands the terms of the transfer agreement, including the terms set forth in the disclosure statement required by Insurance Code section 10136; and (6) Payee understands and does not wish to exercise her right to cancel the transfer agreement.

Based on the foregoing, the petition is GRANTED. Petitioner’s counsel is ordered to submit a proposed order approving the transfer consistent with the requirements of Insurance Code section 10134 et seq., and to give notice of this ruling.

3. Renner vs. Leuck 2026-01553475 Before the court is the amended petition of petitioner Robert K. Renner (Petitioner) to confirm contractual arbitration award. As more fully set forth below, the petition is CONTINUED TO THURSDAY, NOVEMBER 12, 2026, AT 2:00 P.M., IN DEPARTMENT C23, for Petitioner to file a proof of service showing proper service of

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