BILL NO A09096
SAME AS No same as
SPONSOR Ra
COSPNSR Tobacco, Curran, Montesano, Graf, Saladino, Rivera P, Titone
MLTSPNSR Calhoun, Crouch, Linares, Losquadro, McLaughlin, Stevenson
Amd R3408, CPLR
Relates to good faith negotiations under mandatory settlement conferences;
defines the term "good faith", and provides that the failure of a creditor to
act in good faith shall entitle the debtor to appropriate relief as determined
by the court including dismissal of the proceeding and/or cancellation of the
underlying loan where appropriate.