Litigation Finance Group Shrugs Off Forced Disclosure Push; Chinese-funded Lawsuits Fuel Backlash Against Litigation Financiers
Gary Barnett of ILFA is rebutting concerns about foreign influence over US litigation, taking the position that “foreign adversaries aren’t able to manipulate the legal system through legal finance providers”, and that a bipartisan bill that would require the disclosure of foreign litigation funders “is based on a false premise”. More from Bloomberg Law. Meanwhile, the revelation that a Chinese company is funding several US patent lawsuits is bringing this issue to the forefront. More from the Financial Times (subscription required to access content).