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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to judiciary
- Referred to judiciary
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the judiciary law, in relation to set-off against attorney's fees
Purpose
To provide that an attorney lien maintain superiority over a right of set-off where the setoff is unrelated to the judgment or settlement to which the lien is attached.
Summary of provisions
Section One - Section 1 -- Amends section 475 of the judiciary law to provide that an attorney's lien maintains superiority over a right of set-off where the set-off is unrelated to the judgment or settlement to which the attorney's lien attached and the attorney's services created the fund that any right of set-off is claimed against.
Section Two - Establishes the effective date.
Justification
This legislation would ensure that an attorney lien is satisfied prior to a right of set-off where the set-off is unrelated to the judgment or settlement to which the attorney's lien is attached, since without the attorneys efforts, there would have been no fund created and no lien paid.
Legislative history
S.6836 of 2011-2012; S.3037-2013-14
Fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.