Entries tagged “loan”
Ninth Circuit Questions Whether Litigation Funding Advances Made Against a Portfolio of Cases Runs Afoul of New York Usury Laws
insights 
Douglas J. Schneller · June 18, 2020
No Sure Thing! Ninth Circuit questions whether litigation funding advances made against a portfolio of cases runs afoul of New York usury laws. On June 11, 2020, the U.S. Court of Appeals for the Ninth Circuit certified a question for the New York Court of Appeals: whether a litigation financing agreement qualified as a “loan”…
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