S 471
116th Congress
Senate
Law
Civil actions and liability
Judicial procedure and administration
Lawyers and legal services
Legal fees and court costs
Litigation Funding Transparency Act of 2019
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2019
Read twice and referred to the Committee on the Judiciary.
Feb 13, 2019
Introduced in Senate
Plain-English summary
Litigation Funding Transparency Act of 2019
This bill requires lawyers for plaintiffs in certain lawsuits to provide the court and other parties in the lawsuit with any agreement that entitles an outside business (i.e., a business that is not a party, class member, or counsel in the lawsuit) to receive payment contingent on the lawsuit's outcome. The lawyers for the plaintiffs shall also provide the identity of the outside business.
Specifically, these requirements shall apply to any class action or multi-district litigation (i.e. related civil cases pending in different districts that are consolidated for pretrial proceedings).
What's happening now
Read twice and referred to the Committee on the Judiciary.
Committees of jurisdiction
1