Stories by K. R. Nelson on Federal Newswire


Congressman Issa introduces legislation targeting abuses in third-party litigation funding

On October 7, Rep. Darrell Issa (CA-48) and Rep. Scott Fitzgerald (WI-5) introduced the Litigation Transparency Act of 2024, a bill aimed at reforming third-party litigation funding (TPLF) by mandating the disclosure of financial backers in civil lawsuits. This legislation directly addresses the growing concern that undisclosed financiers, including hedge funds and foreign entities, are driving lawsuits that place higher burdens on small businesses and large industries alike.


American Property Casualty Insurance Association expert: Policymakers should prioritize ‘Addressing legal system abuse’

American Property Casualty Insurance Association (APCIA) Vice President Bob Passmore stated that if lawmakers prioritize legislation addressing "legal system abuse," such as undisclosed third-party litigation funding, they could curb rising car insurance costs.


NJCJI president: Lack of transparency in third-party litigation funding raises questions over ‘ethical conflicts for the judges and attorneys involved’

Anthony Anastasio, president of the New Jersey Civil Justice Institute (NJCJI), told Federal Newswire in an Aug. 19 statement that NJCJI supports state and federal efforts to require transparency in third-party litigation funding (TPLF) and will continue advocating for it in New Jersey civil lawsuits.