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Litigation Funding Transparency Act of 2019

USA116th CongressS-471| Senate 
| Updated: 2/13/2019
Chuck Grassley

Chuck Grassley

Republican Senator

Iowa

Cosponsors (3)
Thomas Tillis (Republican)Ben Sasse (Republican)John Cornyn (Republican)

Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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).
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Timeline
Feb 13, 2019
Introduced in Senate
Feb 13, 2019
Read twice and referred to the Committee on the Judiciary.
  • February 13, 2019
    Introduced in Senate


  • February 13, 2019
    Read twice and referred to the Committee on the Judiciary.

Law

Civil actions and liabilityJudicial procedure and administrationLawyers and legal servicesLegal fees and court costs

Litigation Funding Transparency Act of 2019

USA116th CongressS-471| Senate 
| Updated: 2/13/2019
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).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 13, 2019
Introduced in Senate
Feb 13, 2019
Read twice and referred to the Committee on the Judiciary.
  • February 13, 2019
    Introduced in Senate


  • February 13, 2019
    Read twice and referred to the Committee on the Judiciary.
Chuck Grassley

Chuck Grassley

Republican Senator

Iowa

Cosponsors (3)
Thomas Tillis (Republican)Ben Sasse (Republican)John Cornyn (Republican)

Judiciary Committee

Law

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityJudicial procedure and administrationLawyers and legal servicesLegal fees and court costs