NY S04478 | 2019-2020 | General Assembly

Status

Spectrum: Bipartisan Bill
Status: Introduced on March 12 2019 - 25% progression
Action: 2019-03-12 - REFERRED TO CONSUMER PROTECTION
Pending: Senate Consumer Affairs and Protection Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes contract requirements for third party litigation financing which includes requiring contracts to contain a right of rescission, a written acknowledgement by the attorney retained, a clear outline of the scheduled fee structure and a no penalty provision.

Tracking Information

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Title

Establishes contract requirements for third party litigation financing which includes requiring contracts to contain a right of rescission, a written acknowledgement by the attorney retained, a clear outline of the scheduled fee structure and a no penalty provision.

Sponsors


History

DateChamberAction
2019-03-12SenateREFERRED TO CONSUMER PROTECTION

Same As/Similar To

A06866 (Same As) 2019-03-22 - referred to consumer affairs and protection

New York State Sources


Bill Comments

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