NY A05290 | 2023-2024 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 27-0)
Status: Introduced on March 7 2023 - 25% progression
Action: 2024-01-03 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 7 2023 - 25% progression
Action: 2024-01-03 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Relates to the purchase of claims by corporations or collection agencies; relates to the inference of an assignee's intent and purpose in taking an assignment of a claim against an obligor that is not an eligible obligor; provides that instruments governed by New York law calling for payment of a monetary obligation by a foreign state impose a duty on the holder to participate in a qualified restructuring of such instruments.
Title
Relates to the purchase of claims by corporations or collection agencies; relates to the inference of an assignee's intent and purpose in taking an assignment of a claim against an obligor that is not an eligible obligor; provides that instruments governed by New York law calling for payment of a monetary obligation by a foreign state impose a duty on the holder to participate in a qualified restructuring of such instruments.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-03 | Assembly | referred to judiciary |
| 2023-03-07 | Assembly | referred to judiciary |
Same As/Similar To
S05623 (Same As) 2024-01-03 - REFERRED TO JUDICIARY
