How third-party lawsuit funding is influencing liability insurance (Sponsored by @psfinc) https://t.co/eeE8bv4fHx
FARA Unit Takes Aim at Foreign Litigation Funding and Commercial Exemption https://t.co/W6bRGAbeww | by @MoFoLLP
ICYMI. Rules on disclosure around litigation finance could be imminent as Congress and courts take it under consideration. https://t.co/VkG5r8rVpq https://t.co/zYzoyDCiq5
The discussion surrounding litigation financing disclosure has gained momentum, with potential federal rules on the horizon. Congress and courts are currently considering regulations that would mandate transparency in litigation finance, a topic that has been debated for years. Recent reports indicate that the Federal Acquisition Regulatory Act (FARA) Unit is also focusing on foreign litigation funding and its commercial exemptions. The implications of third-party lawsuit funding are extending to the liability insurance sector, prompting further scrutiny and analysis of its effects on the legal landscape.
