Letter to the Hon. Sen. Orrt (NYS Senate) Regarding Litigation Finance (Lawsuit Lending) (2018)

9 Pages Posted: 27 Aug 2018 Last revised: 6 Oct 2018

See all articles by Maya Steinitz

Maya Steinitz

Boston University - School of Law

Date Written: August 24, 2018

Abstract

Following testimony to the New York State Senate's Standing Committee on Consumer Protection (available on SSRN and YouTube), Professor Steinitz was asked to elaborate on her recommendation for a statutory minimum recovery requirement to protect consumers of litigation financing. Enclosed is her response to this inquiry.

Keywords: litigation finance, third party litigation funding, consumer protection, tort litigation, access to justice, predatory lending, contingency fees, champerty

Suggested Citation

Steinitz, Maya, Letter to the Hon. Sen. Orrt (NYS Senate) Regarding Litigation Finance (Lawsuit Lending) (2018) (August 24, 2018). U Iowa Legal Studies Research Paper No. 2018-15, Available at SSRN: https://ssrn.com/abstract=3238148 or http://dx.doi.org/10.2139/ssrn.3238148

Maya Steinitz (Contact Author)

Boston University - School of Law ( email )

765 Commonwealth Avenue
Boston, MA 02215
United States

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