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
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: 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
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.