1、CRS INSIGHT Prepared for Members and Committees of Congress Legal SidebarLegal Sidebari i Following the Money: Should Federal Law Require Litigants to Disclose Litigation Funding Agreements? May 31, 2018 On May 10, 2018, several Members of the 115th Congress introduced the Litigation Funding Transpa
2、rency Act of 2018 (S. 2815) (the Act), which would require litigants in certain types of cases to disclose whether any commercial enterprise has a contingent right to receive payment in the event that litigant ultimately obtains monetary relief in the lawsuit. The Act is the latest development in an
3、 ongoing debate over whether federal law should mandate disclosure of third-party litigation funding agreementsand, if so, to whom and under what circumstances. This Sidebar analyzes the Act and its significance to federal litigation. After providing a brief overview of litigation funding generally,
4、 the Sidebar discusses the ongoing debate over whether federal law should require litigants to disclose litigation funding agreements to their opponents and/or to the court. The Sidebar concludes by describing the relevant provisions of the Act, as well as provisions of another bill currently pendin
