Top 10 Most Read
9th Circuit strikes down felon's firearm conviction
May 10, 2024
Ethics/Professional Responsibility,
Civil Litigation
Apr. 30, 2024
Lawmakers push for transparency to combat foreign influence in litigation funding
Last fall, Staton Capital's chairman acknowledged that Purplevine IP, a Chinese intellectual property service provider, was funding four lawsuits in the U.S., including one against Samsung.
Discussions around litigation funding disclosure regulations have floated around state legislatures and Congress for several decades, and while some judges across the country have implemented local rules, third-party financing remains largely unregulated.
However, as concerns around foreign influence in commercial litigation have cropped up in recent years, several states have taken steps toward requiring greater transparency about which parties are bankrolling lawsuits. Notably,...