Out-Of-Staters Could Be Blindsided By NY Biz Court Overhaul
Law360, New York (July 29, 2014, 6:22 PM EDT) -- A painstaking effort to fix how cases cycle though New York's business-oriented Commercial Division is well underway, but out-of-state lawyers tuned in to the process say their brethren remain largely unaware and risk being bushwhacked by the new rules when their clients' legal woes land them in the Empire State.
Once digested and understood, changes including the use of automatic mediation, higher money thresholds, and streamlined settlement and electronic discovery methods could ultimately be a big plus for the system and could even entice corporate clients to opt for New York as a choice of venue, they say.
The changes could...
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