May 18, 2020 / 6:40 PM / 8 days ago

N.Y. judge narrows state's claims against litigation funder RD Legal

A Manhattan judge has dismissed part of a lawsuit by New York’s attorney general alleging that a company that advanced money to people awaiting settlement payouts defrauded sick Sept. 11, 2001 attack responders and victims of a 1983 bombing in Lebanon.

Manhattan Supreme Court Justice Jennifer Schecter on Friday ruled that while the state sufficiently alleged RD Legal’s agreements with 9/11 responders violate New York’s bar on high-interest loans, it had not done so with the bombing victims.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2ye34Ul

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