Third-party financing for litigation is killing NY's trucking businesses. Albany must act

The vast majority of New York’s trucking companies are small, family-owned businesses that have operated for generations. These are the unsung heroes of our supply chain, working tirelessly to ensure that goods and materials move safely, efficiently, and cost-effectively across the state. Yet, despite their critical role, our local carriers are under siege — not just from challenges like rising fuel costs and workforce shortages, but from a lesser-known but equally destructive force: nuclear verdicts fueled by third-party litigation finance agreements that are hidden from view in legal proceedings.