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A05290 Summary:

BILL NOA05290
 
SAME ASSAME AS S05623
 
SPONSORGonzalez-Rojas
 
COSPNSRDavila, Simone, Burgos, Weprin, Epstein, Fahy, Reyes, Shimsky, Gallagher, Thiele, Septimo, Lucas, Shrestha, Rosenthal L, Raga, De Los Santos, Simon, Meeks, Burdick, Magnarelli, Dickens, Kelles, Hyndman, Steck, Rozic, Lee
 
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.
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