NYLR Opposes Proposal to Impose Interest Costs Upon Defendents

NYLR has issued a memo in opposition to S.7035 (Schneiderman)/A.2874 (Weinstein).  The bill would for the first time impose interest costs of 9% upon defendants for post settlement delay due solely to conduct beyond the control of the defendant.  The bill would add additional costs to a tort system which is rated as one of [...]

NYLR Applauds Assemblyman Ortiz’ Legislation

New Yorkers for Lawsuit Reform applauds Assemblyman Ortiz’ recent bill introduction (A.10695) which will set a new fee schedule for personal injury trial lawyers depending on the size of the judgement.  Click here to see a copy of the full NYLR news release. This bill is an important step in helping to get monies to [...]

Oppose Lawsuit Lending!

New Yorkers for Lawsuit Reform has sent a memo of opposition to all New York State legislators opposing S.5389/A.7891.  This legislation, which purports to protect consumer interests, actually helps to protect the lawsuit lending industry and it could lead to the expansion of this dangerous — and expensive for all New Yorkers — practice. Lawsuit [...]