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December 2, 2016

Judges in CA Want Plaintiffs to Disclose Third Party Funding

“Federal judges in California may be about to deal the business [of litigation funding] a serious blow,” writes Bloomberg.

In June the rules committee of the U.S. District Court in San Francisco proposed that any party to a lawsuit filed in the jurisdiction would have to disclose financial support from third-party sources known as litigation funders. The next step is for the full court to consider the question.

ILR is quoted stating that disclosure will “aid in the identification of potential ethical issues and thereby protect the integrity of the judicial process.” 

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