Rep. Issa Says He Will Draft Litigation Finance Disclosure Bill

A house judiciary committee hearing on litigation finance in the IP space ended with Representative Darrell Issa (R-Ca.) saying he would draft disclosure legislation in the next 10 days. The hearing dealt with a variety of concerns posed by detractors of the $15.3 billion industry, including how the presence of litigation finance should be disclosed, potential national security concerns and non-practicing entities, among others.