LCJ Rules Suggestion: Uniform Disclosure of TPLF Contracts is Necessary to Inform Judges’ and Parties’ Case Management Decisions
LCJ’s Rules Suggestion to the Advisory Committee on Civil Rules and its TPLF Subcommittee advocates for a rule requiring full disclosure of third-party litigation funding contracts. It focuses on the need for disclosure of the actual terms of TPLF agreements giving funders control and the need for full disclosure of agreements to the court and parties to ensure appropriate and efficient case management decisions. LCJ’s examination of TPLF contracts reveals common control mechanisms that can affect the litigation process and influence substantive outcomes. Click here to read LCJ’s Rule Suggestion.