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Senate committee advances bill to increase transparency over lawsuit lending  - Chamber Business News

Summary by Chamber Business News
The state Senate Regulatory Affairs and Government Efficiency Committee on Wednesday passed legislation sponsored by Sen. Vince Leach (R-SaddleBrooke) to increase transparency over third party litigation funding, a growing practice where outside parties, including foreign funders, bankroll lawsuits in the United States. What the bill does  The bill would require that outside funding be disclosed to the court and all relevant parties. The bill sa…
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Senate committee advances bill to increase transparency over lawsuit lending  - Chamber Business News

The state Senate Regulatory Affairs and Government Efficiency Committee on Wednesday passed legislation sponsored by Sen. Vince Leach (R-SaddleBrooke) to increase transparency over third party litigation funding, a growing practice where outside parties, including foreign funders, bankroll lawsuits in the United States. What the bill does  The bill would require that outside funding be disclosed to the court and all relevant parties. The bill sa…

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Chamber Business News broke the news in on Thursday, February 20, 2025.
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