New York lawmakers are rushing to pass A804C, a bill they claim will reform lawsuit lending. Don’t be misled — this bill lacks the transparency needed to protect consumers and the justice system. 

A804C fails to require disclosure of lawsuit loans during litigation, allowing hedge funds and foreign-backed lenders to operate in the shadows. This secrecy fuels conflicts of interest and  permits lenders to potentially exert undue influence over the outcome of a case . 

Tell your Assemblymember to vote NO on A804C. True reform must include transparency.