Contract Regulations

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S4478

Business Protection, Consumer Protection, Contract Regulations, lawsuit lending, Litigation Financing

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.

  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

January 08, 2020

In Senate Committee Consumer Protection Committee

Sponsor: Anna M. Kaplan

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