fbpx
News
October 16, 2014

ILR Role in Lawsuit Lending Reform Noted in Story Highlighting TN Victory

In a story highlighting awards given to two Tennessee state legislators for their role in passing a lawsuit lending reform bill in their state, the Insurance Journal highlights the U.S. Chamber Institute for Legal Reform’s role in the national effort to regulate these lenders.

“The U.S. Chamber of Commerce Institute for Legal Reform, a critic of third-party litigation funders, has urged they be regulated by the U.S. Federal Trade Commission and that their participation in lawsuit be disclosed,” notes the article.

Tennessee Reps. Curtis Johnson and Charles Sargent and Sen. Jack Johnson are being awarded the State Legislator of the Year Award by the National Association of Mutual Insurance Companies for their role in “making Tennessee the first state in the country to enact a law capping the interest rates charged by third-party litigation funders, or lawsuit lenders.”

Read the full story here.

litigation funders, beach scene Blog Sun, Sea, but no Sand(box) for Florida Lawsuit Investors Lawsuit Lending, Third Party Litigation Funding (TPLF) News New Blog: Funders And Claimants’ Lawyers Continue To Feast On Class Members’ Compensation International Initiatives, Lawsuit Lending, Third Party Litigation Funding (TPLF) News Study: Mass Tort Plaintiffs Paying Dearly For Loans, Regulation Needed Lawsuit Lending, Mass Tort Multidistrict Litigation, Third Party Litigation Funding (TPLF) Video 2019 Lawsuit Climate Survey: Press Video Lawsuit Lending Video 2019 Lawsuit Climate Survey Ranking the States Videos Lawsuit Lending

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings