Committee advances bill aimed at limiting 'vulture' sovereign‑debt lawsuits after extended debate The Judiciary Committee advanced Senate Bill 1477, designed to restrict purchases of sovereign‑debt claims by investors who buy debt to sue. Sponsor Senator Krueger said the measure narrowly targets bad actors; other members asked for clarifying language and warned of possible unintended effects.

A new bill aiming to limit predatory lawsuits over sovereign debt is stirring up debate in New York's Judiciary Committee—could this change the game for distressed debt investors?

Click to read more!

#NY #LegislativeReform #CitizenPortal #ConsumerProtection #FinancialRegulation #NewYorkJustice

#servantsofjustice #newyorkjustice #itchy #itchyawards

#servantsofjustice #newyorkjustice #itchy #itchyawards

Could Donald Trump Still Be Sentenced in Hush Money Case?

A New York judge has ruled that the president-elect does not have presidential immunity in his hush money case...

#presidentialimmunity #hushmoneycase #NewYorkJustice #legalnews #election2024