NY A06866 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on March 22 2019 - 25% progression, died in committee
Action: 2020-01-08 - referred to consumer affairs and protection
Pending: Assembly Consumer Affairs and Protection Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 22 2019 - 25% progression, died in committee
Action: 2020-01-08 - referred to consumer affairs and protection
Pending: Assembly 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.
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
| Date | Chamber | Action |
|---|---|---|
| 2020-01-08 | Assembly | referred to consumer affairs and protection |
| 2019-03-22 | Assembly | referred to consumer affairs and protection |
Same As/Similar To
S04478 (Same As) 2020-01-08 - REFERRED TO CONSUMER PROTECTION
