News & Analysis as of

Disclosure Requirements Third Party Funding

Holland & Knight LLP

Litigation Funding in Georgia: New Registration and Disclosure Requirements

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Georgia Gov. Brian Kemp on April 21, 2025, signed into law Senate Bills (SB) 68 and 69 – Georgia's headline-grabbing tort reform bills (the Tort Reform Package). Though much has been published about the Tort Reform Package's...more

Womble Bond Dickinson

Litigation Funding: The Good, The Bad, The Future

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Third party litigation funding is the process where third party funders provide money to a plaintiff or to plaintiff’s counsel in exchange for a cut of the proceeds resulting from the underlying litigation or settlement....more

McDermott Will & Emery

New Requirements for Illinois Dental Practices Using Third-Party Financing

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Third-party financing services are frequently used by patients to finance out-of-pocket dental expenses. Effective January 1, 2025, dental practices in Illinois are prohibited from facilitating or assisting with patient...more

Axinn, Veltrop & Harkrider LLP

Navigating the Complexities of Litigation Funding Discovery

For those who have not had a chance to attend one of our CLE presentations on Litigation Funding Disclosure, this IAM article provides a glimpse of the complex landscape for defendants seeking discovery on litigation funding...more

Haug Partners LLP

Disclosure of Third-Party Funding Documents in Patent Litigation: A Shift Towards Greater Transparency in Patent Ownership and...

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Third-party litigation financing (TPLF) is an arrangement by which plaintiffs finance litigation costs through a non-party, typically a private firm that obtain funds from other investors. The commercial goal for a funder is...more

Butler Snow LLP

A Dive into Third-Party Litigation Financing and Third-Party Medical Funding

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A few years ago, commentators estimated there was $5 billion in litigation financing in the United States. Since then, the litigation funding industry has continued to grow. For good reason, Third-Party Litigation Financing...more

McDermott Will & Emery

New Amendments to ICSID Rules Come into Effect July 1, 2022

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On July 1, 2022, the amended Regulations and Rules of the International Centre for Settlement of Investment Disputes (ICSID) (the 2022 Rules) will come into effect after being approved by the Member States on March 21,...more

Hogan Lovells

Las modificaciones a las Reglas del CIADI entrarán en vigor el 1 de julio de 2022

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Conozca más sobre los cambios para mejorar la transparencia y la eficiencia en las modificaciones a las Reglas del CIADI, que entrarán en vigor el 1 de julio de 2022....more

Faegre Drinker Biddle & Reath LLP

District of New Jersey Clarifies New Local Civil Rule Regarding Third-Party Funding Disclosures

Over the last four months, we have tracked the District of New Jersey’s proposal and adoption of a new Local Civil Rule – L. Civ. R. 7.1.1 – requiring lawyers to disclose details about third-party litigation funding. The...more

Faegre Drinker Biddle & Reath LLP

District of New Jersey Adopts Local Civil Rule Requiring Disclosure of Third-Party Litigation Funding

The U.S. District Court for the District of New Jersey has adopted new Local Civil Rule 7.1.1, requiring lawyers to disclose details about third-party litigation funding.  On June 21, 2021, Chief Judge Freda L. Wolfson signed...more

Faegre Drinker Biddle & Reath LLP

District of New Jersey Proposes New Local Civil Rule Requiring Disclosure of Third-Party Litigation Funding

The United States District Court for the District of New Jersey has announced proposed amendments to its Local Civil Rules, including a new rule – Civ. Rule 7.1.1 – regarding “Disclosure of Third-Party Litigation Funding.” ...more

Butler Snow LLP

Turn that Frown Upside Down: Litigation Funding Agreements Provide Opportunities in Defending Personal Injury Actions

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Litigation funding involves a third-party, which is not a party to the lawsuit, advancing funds on behalf of the injured plaintiff in return for a portion of any financial recovery. Although litigation funding can take many...more

Jones Day

ICC Adopts 2021 Rules of Arbitration

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The 2021 ICC Rules, which will enter into force on January 1, 2021, include a new requirement for disclosure of third-party funding arrangements. On October 8, 2020, the International Chamber of Commerce ("ICC") announced...more

Faegre Drinker Biddle & Reath LLP

Third Circuit Tackles Third-Party Funding Issues in In Re: National Football League Players’ Concussion Injury Litigation

Third-party litigation funding has received increased scrutiny over the past several years, particularly in the context of mass torts, class actions, and multidistrict litigation. Most of this scrutiny has focused on...more

Gray Reed

Could Litigation Funding Disclosure Be Coming to Texas?

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In recent months we have discussed litigation funding, specifically covering what litigation funding entails, whether such agreements were legal in different jurisdictions and the ethical issues surrounding litigation funding...more

BCLP

And then there were three…Third Party Funding in Hong Kong

BCLP on

What is TPF and why is it important? In essence, TPF allows you (as a party to a dispute or a legal representative to that party) to go to a third party to obtain funding for an arbitration. If you lose, the funder does...more

Mintz - Arbitration, Mediation, ADR...

Discoverability of Third Party Funding Agreements in Arbitration – Part I

The use of third party funding of arbitration and litigation proceedings provides broader access to formal claim resolution mechanisms, but that benefit may come with some unique issues for the uninitiated. However,...more

Bradley Arant Boult Cummings LLP

Pulling Back the Curtain: Moving Toward Disclosure of Third-Party Funding in Litigation - Who's Who Legal

Civil litigation, once a realm confined to rules-based conflict resolution between adverse parties, has become profitable commerce in the US. Where commerce thrives, investors looking for healthy returns follow. Unlike other...more

Butler Snow LLP

Increased Transparency For Litigation Funding Companies May Impact the Collateral Source Rule

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“Litigation investment” companies have been in the news frequently in the past year, and state legislatures and courts are taking note and taking action. ...more

Bradley Arant Boult Cummings LLP

The Missing Key To Third-Party Litigation Funding

Civil litigation, once a realm confined to rules-based conflict resolution between adverse parties, has become profitable commerce in the United States. Where commerce thrives, investors looking for healthy returns follow....more

Blank Rome LLP

Recent Rulings and Regulations Equals Recognition: Progress in the Litigation Finance Industry

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Recent rulings and regulations addressing litigation finance are the best indicators that courts and States are finally catching up to a booming third-party litigation finance industry. Complex commercial litigation...more

Seyfarth Shaw LLP

Third-Party Litigation Funding: Are Businesses At Risk For More Class Actions?

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Seyfarth Synopsis: American and international courts have been debating the tentative legality of disclosing third-party litigation funding. In this vlog video, Seyfarth Shaw Associate Alex Karasik sits down with class action...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Third-Party Litigation Financing: Mandatory Disclosure on the Horizon?"

The use of third-party litigation financing — generally defined as the funding of litigation activities by entities other than the parties themselves, their insurers or their counsel — continues to increase in the United...more

Carlton Fields

Transparency Watch: Federal District Court Mandates Automatic Disclosure of Third-Party Funding Arrangements for Class Actions

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In January, the U.S. District Court for the Northern District of California announced a change that makes litigants in putative class action suits subject to requirements mandating automatic disclosure of third-party funding...more

Orrick, Herrington & Sutcliffe LLP

Big Changes Could Be Coming in Class Action Litigation

On February 10, 2017, U.S. Rep. and House Judiciary Committee Chairman, Bob Goodlatte (R-Va), introduced a new version of his Fairness in Class Action Litigation Act of 2017 (H.R. 985) (the "Act"). The Act, while bearing the...more

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