HR 2025
117th Congress
House
Law
Civil actions and liability
Judicial procedure and administration
Lawyers and legal services
Legal fees and court costs
Litigation Funding Transparency Act of 2021
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 19, 2021
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
Mar 18, 2021
Referred to the House Committee on the Judiciary.
Mar 18, 2021
Introduced in House
Plain-English summary
Litigation Funding Transparency Act of 2021
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
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
Committees of jurisdiction
2