Law360 (July 23, 2018, 5:32 PM EDT) -- On July 1, Wisconsin became the first state in the nation to require parties in lawsuits to disclose the use of an increasingly common and sometimes troubling aspect of the legal system: third-party litigation financing which is contingent on the outcome of cases.
Wisconsin’s action aligns with six U.S. courts of appeals and roughly 25 percent of U.S. district courts that have local rules requiring disclosure of litigation funders, according to a survey of federal courts conducted earlier this year. U.S. Senate Judiciary Committee chairman Charles Grassley, R-Iowa, introduced legislation this spring that is intended to provide uniform disclosure requirements for...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!