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Bill > S08006
NY S08006
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.
summary
Introduced
06/03/2016
06/03/2016
In Committee
06/17/2016
06/17/2016
Crossed Over
06/18/2016
06/18/2016
Passed
Dead
06/18/2016
06/18/2016
Introduced Session
2015-2016 General Assembly
Bill 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.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
referred to ways and means (on 06/17/2016)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://assembly.state.ny.us/leg/?default_fld=&bn=S08006&term=2015&Summary=Y&Actions=Y&Text=Y&Votes=Y |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08006&term=2015&Summary=Y&Actions=Y&Text=Y&Votes=Y#S08006 |
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