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A05290 Summary:
| BILL NO | A05290 |
| SAME AS | SAME AS S05623 |
| SPONSOR | Gonzalez-Rojas |
| COSPNSR | Davila, Simone, Burgos, Weprin, Epstein, Fahy, Reyes, Shimsky, Gallagher, Thiele, Septimo, Lucas, Shrestha, Rosenthal L, Raga, De Los Santos, Simon |
| MLTSPNSR | |
| Amd §489, add §489-a, Judy L | |
| Relates to the purchase of claims by corporations or collection agencies; relates to the inference of an assignee's intent and purpose in taking an assignment of a claim against an obligor that is not an eligible obligor; provides that instruments governed by New York law calling for payment of a monetary obligation by a foreign state impose a duty on the holder to participate in a qualified restructuring of such instruments. | |