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Committee considers narrower disclosure rules for third‑party litigation funding after multi‑year talks
Summary
Senate Bill 54 would require parties to disclose third‑party litigation funding agreements to the court (in camera) and to opposing parties; proponents say the compromise balances transparency and proprietary concerns; opponents filed written testimony.
The House Committee on Judiciary on March 5 took testimony on Senate Bill 54, a measure that would require disclosure of third‑party litigation funding agreements to the court for in‑camera review and limited disclosure to opposing parties and would instruct the Judicial Council to study aggregated, non‑identifying information about such agreements.
Jason Thompson of the Revisor's Office described the bill as an amendment to KSA 60-226, the civil discovery statute. "If you have one of these agreements you're required to notify the court and the court will review it in camera," he said, summarizing the in‑camera review and a subsequent requirement that a party deliver a sworn statement to the opposing parties describing the arrangement and specific…
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