NY Biz Attys Asked To Immediately Talk Settlement Discovery
Law360, New York (April 10, 2014, 4:04 PM EDT) -- New York lawyers handling business disputes in the state's Commercial Division should proceed with an eye toward settlement — including discussing how to share information that could aid in a deal — at the very earliest stages of a case, according to new proposed rules coming out Thursday.
The latest proposal, set to be published for a period of public comment, encourages informal, good-faith talks about "settlement discovery" to take place before litigants go before a judge for a preliminary conference, as is also required in Commercial Division rules.
"Early exchange of information would help promote more cost-effective settlement discussions and/or...
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