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March 28, 2018

Six Federal Appeals Courts Require TPLF Disclosure, Report Finds

A new report from the federal court administration’s committee on federal civil rules found that six U.S. federal appeals courts now require some form of third party litigation funding transparency, Law360 reports.

In addition to the appeals courts, the report also found that a quarter of U.S. district courts also require third party funding to be revealed. Since rules on funding are prevalent in district courts, the report said that the disclosure of funding arrangements may be “relevant for the just determination of a civil action by a neutral decision-maker.”

The publication was prepared by committee staff ahead of an upcoming Advisory Committee on Rules of Civil Procedure meeting, at which the committee will engage in preliminary discussions on a petition submitted last summer by the U.S. Chamber Institute for Legal Reform, on behalf of a coalition of business groups, calling for federal rules on litigation funding.

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