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Recent Ethics Opinion on Settlement Agreements

November 9, 2010 • Posted By Douglas R. Rosenzweig • Trial Practice

According to a recent New York City Bar Association Formal Ethics Opinion, a plaintiff's counsel may not agree to hold a defendant harmless from claims arising out of the defendant's payment of settlement consideration, and the defendant's counsel may not ask plaintiff's counsel to provide such financial assistance. Click Here for a complete copy of the opinion.