Interest Groups Call for Greater Transparency into Litigation Funding
September 22, 2022
Earlier this month, Lawyers for Civil Justice (LCJ), a coalition of corporations, law firms, and defense bar organizations, submitted two proposals—one to the Advisory Committee on Appellate Rules, the other to the Advisory Committee on Civil Rules—for uniformly higher standards for disclosure of litigation funding in federal courts. One of those requests was submitted jointly with the US Chamber of Commerce Institute for Legal Reform (ILR), which as Bloomberg Law reports, has made previous (but unsuccessful) calls for mandatory disclosure of third-party litigation funding (TPLF).
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