The existence of third-party litigation funding in a pending lawsuit continues to be a hot topic in legal circles with many passionate proponents and opponents of the concept. Certain federal courts already require affirmative disclosure by litigants in a case while some state legislatures have begun debating legislation to statutorily require disclosure and/or specific licensing […]
Earlier this year, the state of Oklahoma settled its lawsuit with Purdue Pharma for $270 million.
Monsanto has been hit with another lawsuit over claims chemicals in weed killer, Roundup, causes cancer.
Some GOP senators have reintroduced a bill that would require plaintiffs in lawsuits to disclose when they have backing from a third-party funder. The Litigation Funding Transparency Act would require disclosure of third-party litigation funding for any Federal class action and any Federal claim that is aggregated into Federal multidistrict litigation within 10 days of […]