UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 527, 2011

Structured Products Corp.

on behalf of

CorTS Trust for First Union Institutional Capital I

(Exact name of registrant as specified in its charter)

Delaware	001-32086	13-3692801
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification Number)

390 Greenwich Street New York, New York	10013	(212) 723-4070
(Address of principal executive offices)	(Zip Code)	(Registrant’s telephone number including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))

Section 8 - Other Events

Item 8.01 Other Events.

~~Structured~~This ~~Products~~current ~~Corp.,~~report ~~the~~on ~~registrant~~Form ~~hereunder, acts as depositor of the CorTS Trust for First Union Institutional Capital I (the “Trust”). The sole assets of the Trust are $46,455,000~~ 8~~.04%~~-K ~~Capital~~relates ~~Securities~~to ~~due~~a ~~December~~distribution 1,made ~~2026 (the “Term Assets”). Pursuant~~ to ~~the~~holders ~~trust~~of ~~agreement governing~~ the ~~Trust,~~Certificates ~~the Trust has~~ issued ~~1,821,942~~by ~~Corporate–Backed Trust Certificates (~~the ~~“Certificates”)~~CorTS ~~representing~~Trust ~~$45,548,550~~for ~~aggregate~~First ~~certificate~~Union ~~principal~~Institutional ~~balance~~Capital ~~of Notes~~I.

AThe ~~Corporate~~issuer ~~Action~~of ~~Announcement~~the ~~was~~underlying ~~received~~securities, byor guarantor thereof, or successor thereto, as applicable, is subject to the ~~Trustee~~information ~~that~~reporting ~~First~~requirements ~~Union~~of ~~Institutional~~the ~~Capital~~Securities IExchange ~~has~~Act ~~given~~of ~~notice~~1934, ~~that~~as ~~there~~amended ~~will~~(the “Exchange Act”). Periodic reports and other information required to be afiled ~~full~~pursuant ~~call~~to the Exchange Act, by the issuer of the ~~term~~underlying ~~assets~~securities, or guarantor thereof, or successor thereto, as applicable, may be inspected and copied at ~~102~~the public reference facilities maintained by the Securities and Exchange Commission (the “Commission”) at 450 Fifth Street, N.~~412~~W., ~~plus~~Washington, ~~accrued~~D.C. ~~interest~~20549. The Commission also maintains a site on the World Wide Web at 32“http://www.~~606666~~sec.gov” at which users can view and download copies of reports, proxy and information statements and other information filed electronically through the ~~Term~~Electronic ~~Assets~~Data ~~held~~Gathering, byAnalysis and Retrieval system. Neither Structured Products Corp. nor the ~~Trust~~trustee onhas ~~Wednesday~~participated in the preparation of such reporting documents, ~~April~~or ~~27th~~made ~~2011(~~any due diligence investigation with respect to the ~~“Redemption~~information ~~Date”)~~provided therein. Neither Structured Products Corp. nor the trustee has verified the accuracy or completeness of such documents or reports. There can be no assurance that events affecting the issuer of the underlying securities, or guarantor thereof, or successor thereto, as applicable, or the underlying securities have not occurred or have not yet been publicly disclosed which would affect the accuracy or completeness of the publicly available documents described above.

Therefore, on the Redemption Date, the Class A Certificates issued by the CorTs Trust for First Union Institutional Capital I will be redeemed in full at a price of $26.112518 per Class A Certificate plus accrued interest of $0.831388 per Class A Certificate. If these Certificates are redeemed in full, no interest will accrue on such Certificates after the Redemption Date.

	Underlying Securities Issuer(s) or Guarantor, or successor thereto	Exchange Act File Number
	Wells Fargo & Company	001-02979

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(c)

Exhibits:

Trustee’s Report with respect to the April 27, 2011 Final Distribution Date for the CorTS Trust for First Union Institutional Capital I.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

By: /s/ Stanley Louie ________________________________ Name: Stanley Louie Title: Vice President, Finance Officer.

April 527, 2011

EXHIBIT INDEX

Exhibit		Page
1	Trustee’s Report with respect to the April 27, 2011 Final Distribution Date for the CorTS Trust for First Union Institutional Capital I	5

Exhibit 1

To the Holders of:
CorTS Trust for First Union Institutional Capital I
8.2% Corporate-Backed Trust Securities (CorTS) Certificates
Class A	*CUSIP: 22080W205

U.S. Bank Trust National Association, as Trustee for the CorTS Trust for First Union Institutional Capital I, hereby gives notice with respect to the Final Distribution Date of April 27, 2011 (the “Final Distribution Date”) as follows:

1.	The amount of the distribution payable to the Certificateholders on the Final Distribution Date allocable to principal and premium, if any, and interest, expressed as a dollar amount per $25 original principal amount of Certificates, is as set forth below:

	Class	Principal	Interest	Total Distribution
	A	$ 26.112518	$ 0.831388	$ 26.943906

2.	The amount of aggregate interest due and not paid as of the Distribution Date is $0.000000.

3.	No fees have been paid to the Trustee or any other party from the proceeds of the Term Assets.

4.	$0.00 aggregate principal amount of First Union Institutional Capital 8.04% Capital Securities due December 1, 2026 (the “Term Assets”) are held for the above trust.

5.	At the close of business on the Final Distribution Date, 0 Class A Certificates representing $0.00 Aggregate Certificate Principal Balance outstanding.

6.	The current rating of the Term Assets is not provided in this report. Ratings can be obtained from Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., by calling 212-438-2400 and from Moody’s Investors Service, Inc. by calling 212-553-0377.

U.S. Bank Trust National Association, as Trustee

*The Trustee shall not be held responsible for the selection or use of the CUSIP number nor is any representation made as to its correctness. It is included for the convenience of the Holders.

Filing Compare · STRUCTURED PRODUCTS CORP CORTS TR FOR FIRST UNION INST CAP I