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Rep. Cole tells Senate committee bill would bar foreign involvement in third-party litigation financing
Summary
State Rep. Brian Cole told the Senate Judiciary committee HB1384 would stop foreign governments and other foreign entities from becoming involved in U.S. civil litigation funding and discovery; opponents raised process and access-to-courts concerns, but the committee took no vote in the hearing.
State Representative Brian Cole, in testimony to the Senate Judiciary Committee, said HB1384 would bar certain foreign entities from participating in third-party litigation financing (TPLF) that can expose sensitive discovery materials. "This version that you have before you basically just stops foreign entities from involving themselves in our legal system," Cole said, arguing the change is…
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