Federal Court in Delaware Requiring Disclosure of Litigation Funding Agreements
The chief judge for the U.S. District Court in Delaware issued an order last week requiring parties to disclose whether a litigation funder has an interest in any cases brought before him. While the order is not unique — several other federal courts have adopted similar rules — it was made in an extremely influential district. More than half of publicly traded US corporations are incorporated in Delaware and its laws often govern contracts between businesses. More from Claims Journal.