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Bills Would Allow Debt Purchase by Litigants
Despite the relative obscurity of New York's champerty statute, legislative efforts to amend it have ignited a fierce struggle among major players in the state's booming market in domestic and international debt. A proposed amendment would expressly allow investors to enforce debt claims that were purchased for $500,000 or more even when their sole intent was to sue when they bought the debt. Opponents contend the bill would improperly intrude into the judicial process by preempting Second Circuit review.Supreme Court of the State of New York Appellate Division: Third Judicial Department Decided and Entered: June 5, 2008 501323 GAIL NORTON
Supreme Court of the State of New York Appellate Division: Third Judicial Department Decided and Entered: April 23, 2009 505806 ELLIE GRA
Supreme Court of the State of New York Appellate Division: Third Judicial Department Decided and Entered: November 6, 2008 504548 ELLIE G
SUPREME COURT OF THE STATE OF NEW YORK Appellate Division, Fourth Judicial Department 361.1 TP 07-01590 PRESENT: SCUDDER, P.J., HURLBUTT,
Decided and Entered: August 3, 2006 99733 ________________________________ DARLENE McCLEARY, as Administrator of the Estate of THOMAS HOPKINS, Deceased,
Supreme Court of the State of New York Appellate Division: Third Judicial Department Decided and Entered: April 17, 2008 503661 In the Ma
District Judge John T. Curtin U.S. DISTRICT COURT WESTERN DISTRICT OF NEW YORK Appearances For Plaintiffs: Thomas E. Stiles, Esq. Brooklyn, New York. F
Cite as: WYS Design v. Board of Managers, 115050/2009, NYLJ 1202472612025, at *1 (Sup., NY, Decided September 16, 2010)Justice Joan A. Maddenp class="decid
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