Follow Ask About TPLF for updates on our work to bring transparency and fairness back to the courtroom.
We’re #AskAboutTPLF, a new project of Lawyers for Civil Justice! Did you know that banks, hedge funds, foreign sovereign wealth funds and others invest billions in third-party funding (TPLF) in lawsuits? Courts and parties to civil litigation must #AskAboutTPLF in order to know who is controlling decisions in the courtroom, avoid conflicts of interest and disruptions to the legal process, and comply with basic procedural rules. Because #TPLF is usually not disclosed, courts and parties don’t know which cases involve such funding, the extent of the funders’ control over decisions, the potential for conflicts or the role or impact that third-party funders may have in cases. Disclosure of TPLF to courts and parties is necessary. Courts and parties need to #AskAboutTPLF, and the Federal Rules of Civil Procedure should be updated to require disclosure of funding agreements to ensure judges and parties know who may have a secret stake in the outcome of their case. Lawyers for Civil Justice has proposed several rules that would bring transparency to our courtrooms and protect the fair administration of justice. FOLLOW US for updates on our work to require disclosure of third-party money in our courts.