N.Y. Debt. & Cred. Law § 276-A

Current through 2024 NY Law Chapter 457
Section 276-A - Attorney's fees in action or special proceeding under this article to avoid a transfer or obligation

In an action or special proceeding under this article in which a judgment creditor who has been awarded by court order or agreement or has waived attorney's fees available to prevailing parties by the terms of the statute under which the creditor's underlying claim arose, or representative asserting the rights of such judgment creditor, recovers judgment avoiding any transfer or obligation, the justice or surrogate presiding at the trial shall fix the reasonable attorney's fees of the creditor, or creditor representative, incurred in such action or special proceeding under this article as an additional amount required to satisfy the creditor's claim, and the creditor, or creditor representative, shall have judgment therefor against the debtor and, subject to the defenses and protections in section two hundred seventy-seven of this article, against any transferee (or person for whose benefit the transfer was made) against whom relief is ordered, in addition to the other relief granted by the judgment. The fee so fixed shall be without regard, or prejudice, to any agreement, express or implied, between the creditor, or the creditor representative, and his or her attorney with respect to the compensation of such attorney.

N.Y. Debt. and Cred. Law § 276-A

Added by New York Laws 2019, ch. 580, Sec. 2, eff. 4/4/2020.
See New York Laws 2019, ch. 580, Sec. 7.