The deadline for EU Member States to implement the Representative Actions Directive is quickly approaching. The European Commission has stipulated that the Directive should be… Read More
Third party litigation funding (TPLF) is a multi-billion-dollar industry that allows hedge funds and outside financiers to secretly invest in lawsuits in exchange for a… Read More
Montana has taken a significant step in bringing transparency to the secretive third party litigation funding (TPLF) industry. Recently, Gov. Greg… Read More
Louisiana could be the next state to bring the secretive third party litigation funding (TPLF) industry out of the shadows. The state senate recently passed… Read More
Asbestos personal injury litigation, the longest-running and largest mass tort in U.S. history, has already bankrupted more than 100 companies and shows no signs of… Read More
Protecting data privacy is a hot topic of debate with state and federal lawmakers. Consumers need to have their data protected and businesses need clear… Read More
In January, the Consumer Financial Protection Bureau (CFPB) released a proposed rule to implement a “Terms & Conditions Registry.” If finalized, the CFPB’s proposed rule… Read More
We’ve written previously about how the bankruptcy system can be a simpler, faster, and fairer alternative to mass litigation. Mass litigation… Read More
Third party litigation funding (TPLF) has been in the news recently, yet most people don’t know it is a multi-billion-dollar industry that allows hedge funds… Read More
The 2023 state legislative session is in full swing, and there’s been no shortage of movement on key legal reforms, including reining in the misuse… Read More
The year’s first two quarters are the busiest time for ILR’s state advocacy team. This is because most state legislatures are part-time, meaning lawmakers have… Read More
Traditional arbitration works for consumers, employees and businesses. Studies from a recent ILR report, Fairer, Faster, Better III, show that employees… Read More
In a significant moment for civil justice reform in Iowa and Kansas, two state attorneys general (AGs), Brenna Bird (Iowa), and Kris Kobach (Kansas), cut… Read More
Third party litigation funding (TPLF) allows hedge funds and other financiers to secretly invest in a lawsuit in exchange for a cut of any settlement… Read More
UPDATE: On July 26, 2023, the U.K. Supreme Court ruled in a landmark decision that litigation funding agreements are unenforceable in U.S.-style class actions. The… Read More
The civil justice system is weathering a period of serious disruption. The papers in this edition of the ILR Research Review document four areas where… Read More