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

University of Iowa - College of Law; University of California, Berkeley - Berkeley Center on Comparative Equality & Anti-Discrimination 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)

University of Iowa - College of Law ( email )

Melrose and Byington
Iowa City, IA 52242
United States

University of California, Berkeley - Berkeley Center on Comparative Equality & Anti-Discrimination Law

Boalt Hall
Berkeley, CA 94720-7200
United States

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