Third Party Litigation Funding
Third-Party Litigation Funding (TPLF) has emerged as a troubling force in the civil justice system of the United States and internationally. This practice, where nonparties invest in lawsuits in exchange for a share of the proceeds, has grown exponentially over the past decade. However, despite its increasing prevalence in high-dollar civil litigation, TPLF operates largely in secret, evading the transparency and oversight that govern most industries. This lack of accountability has raised significant concerns among judges, legislators, and regulators, prompting calls for much-needed reforms.
Recent regulatory filings
Recent letters to Congress
Policy positions
Latest Content
- The coalition urges adoption of a federal rule requiring mandatory disclosure of third‑party litigation funding agreements because hidden funder involvement can influence litigation strategy, skew settlement decisions, prolong cases, and undermine transparency, fairness, and judicial integrity.A broad coalition of business and legal organizations urges adoption of a federal rule requiring automatic disclosure of third-party litigation funding agreements, warning that undisclosed funder influence threatens judicial transparency, fair settlements, and confidence in the U.S. civil justice system.
