A 8653 New York Assembly · 2017 Regular Session

Relates to third party litigation financing

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.
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2017
Committee Review
Floor Vote
Governor
Introduced Sep 1, 2017 Last action Jan 3, 2018
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 3, 2018
Legislature · Referred to committee
REFERRED TO CONSUMER AFFAIRS AND PROTECTION
Sep 1, 2017
Legislature · Referred to committee
REFERRED TO CONSUMER AFFAIRS AND PROTECTION
0 primary · 0 co-sponsors

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