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Senate Sidelines Tax on Litigation Finance, But the Fight Goes On

For now, litigation finance funders can exhale. A proposed tax on profits — initially 40.8%, later revised to 31.8% — has been stripped from the Senate’s sweeping tax and spending bill, dubbed the “One Big Beautiful Bill.” ...more

Who Is Paying? NJ Federal Court Orders Disclosure Of Third-Party Litigation Financing

The United States District Court for the District of New Jersey recently amended Rule 7.1.1 of the Local Civil Rules to require parties that use third-party litigation financing to file a disclosure statement (the Amended...more

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