Print PDF Lucinda McConathy quoted in Law360 article "Court Says Champerty Can't Curb Debt Buyers' Rights."

Law 360
October 18, 2009

Richards Kibbe & Orbe Partner Lucinda O. McConathy was quoted in the Law360 article "Court Says Champerty Can't Curb Debt Buyers' Rights." The article describes the impact of the New York Court of Appeals' recent ruling clarifying the limits of the state's champerty law. Ms. McConathy, who co-authored the amicus brief filed on behalf of the Loan Syndications & Trading Association, commented that the ambiguity that previously existed regarding the ability to assign claims along with related debt instruments, and to litigate those claims if necessary, has largely been alleviated.

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