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  • Monthly Archives: July 2019

    The End of Pay and Chase? Proposed Changes to the CLPR Would Significantly Change Risk Transfer Paradigm in New York

    Historically, New York’s procedural rules prohibited plaintiffs from directly suing, and recovering judgments against, third-party defendants. In our practice, this rule most commonly comes up in two ways: Plaintiff’s recovery is limited to what the defendants can pay, regardless of the financial resources of third parties who might be liable to the defendants. Defendants are […]