Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House Judiciary Committee advances bill requiring disclosure of litigation funders after months of debate
Summary
After hours of testimony from business groups, insurers, litigation funders and plaintiffs’ lawyers, the House Judiciary Committee gave Senate Bill 12-15 a due‑pass recommendation with amendments to require narrow disclosure of third‑party litigation funding and limit foreign‑adversary influence.
The House Judiciary Committee on March 25 approved Senate Bill 12-15 as amended, a measure designed to increase transparency around third‑party litigation financing.
Sponsor proponents portrayed the bill as a consumer‑protection measure that helps defendants and courts know who is financing a lawsuit, while protecting litigants’ decision‑making and limiting foreign‑adversary funding. Senator Leach and others said disclosure would make the financing behind lawsuits visible to judges and opposing parties and allow courts to address conflicts of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
