New Jersey Bill Would Require Disclosure of Third-Party Litigation Funding Agreements

Legislation advancing in the Assembly would require parties in civil and administrative cases to disclose litigation funding agreements and impose new restrictions on outside funders.

TRENTON, N.J. — A New Jersey Assembly committee has advanced legislation that would require greater transparency in third-party litigation funding and establish new rules governing companies that finance lawsuits.

The Assembly Financial Institutions and Insurance Committee voted to re...