New New Jersey Fed. Litigation funding scheme needs to be welcomed

Law360 (Aug 9, 2021, 3:25 p.m. EDT) – On June 21, the US District Court for the New Jersey District issued Local Civil Rule 7.1.1, which requires disclosure of “any person or entity that is not a party and will fund some or all of the legal fees and expenses of the litigation without recourse. “

The rule requires all parties to submit a statement within 30 days of filing an initial plea, including the identity of the donor, whether the donor’s consent is required for litigation or settlement decisions, and a brief description of the nature of the donor’s financial interest .

A party can …

Stay ahead of the curve

In the legal profession, information is the key to success. You need to know what is happening to customers, competitors, practice areas and industries. Law360 offers the intelligence you need to stay an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, type of lawsuit, etc.)
  • Access to attached documents such as Briefs, petitions, complaints, decisions, motions, etc.
  • Create custom notifications for specific article and case topics, and more!


Comments are closed.