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Committee forwards OCC request to shift underspend to cover rising litigation costs
Summary
The Committee advanced Proposal 3-29 to transfer underspend to cover litigation and outside-counsel costs. An OCC representative said recent cases — including two brought by an out-of-state firm — expose the city to 'tens of millions of dollars' in potential liability and that litigation-related expenses such as expert witnesses and transcripts have increased.
An Office of Corporation Counsel representative told the Admin & Finance Committee on March 29 that Proposal 3-29 requests transferring character-1 underspend to character-3 to cover litigation-related costs and outside counsel contracts.
The OCC representative said litigation costs have increased in recent years and highlighted two suits filed by a national, out-of-state firm that could subject the city to “a significant amount of liability in the tens of millions of dollars.” He told the committee the…
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