fbpx
News
May 15, 2018

“What Are People Saying About Senate’s New Lit Funding Bill?”

Five days after the Litigation Funding Transparency Act of 2018 was introduced in the U.S. Senate, National Law Journal gathered the thoughts of the legal industry’s top members.

U.S. Chamber Institute for Legal Reform President Lisa A. Rickard said the bill “would pull back the curtain on third parties ‘gambling’ on” litigation which “turns our courtrooms into casinos and plaintiffs into little more than poker chips.” Sean Fahey, a partner at Pepper Hamilton LLP, said the “more people that understand what is going on, the more they agree that—at a minimum—more transparency is needed.”

The bill would require litigation funding and lawsuit lending transparency in all class action and multi-district litigation

Letters, Comments, Petitions Amending Rule 16(c)(2) to Prompt Judges to Consider Inquiring About Financial Interests Created by Third Party Litigation Funding Third Party Litigation Funding (TPLF) Gavel and Union Jack Blog UK Class Actions Are on the Rise, Thanks to Litigation Funding International Initiatives, Third Party Litigation Funding (TPLF) Delaware General Assembly Blog Delaware Wants to Take a Closer Look at the TPLF Industry   Third Party Litigation Funding (TPLF) Blog European Parliament Legal Affairs Committee Adopts TPLF Legislative Initiative Report International Initiatives, Third Party Litigation Funding (TPLF) Welcome to Delaware Sign Blog Another Federal Court Now Requires Disclosure of Third Party Litigation Funding Third Party Litigation Funding (TPLF)

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