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U.S. Chamber pushes for mandatory disclosure in third party litigation funding

Thursday, June 15, 2017 @ 1:00 PM | By Jeff Buckstein

The U.S. Chamber of Commerce and its affiliated Institute for Legal Reform, along with more than two dozen business groups and legal organizations, have submitted a controversial letter calling for the mandatory disclosure of third party litigation funding arrangements (TPLF) in any civil action filed in U.S. federal court.

Jasminka Kalajdzic, Faculty of Law at the University of Windsor“Third party litigation funding raises a host of legal and ethical issues that provide a compelling need for mandatory disclosure,” said the letter, addressed to the Committee on...