News & Analysis as of

Third Party Funding New Legislation

Holland & Knight LLP

Litigation Funding in Georgia: New Registration and Disclosure Requirements

Holland & Knight LLP on

Georgia Gov. Brian Kemp on April 21, 2025, signed into law Senate Bills (SB) 68 and 69 – Georgia's headline-grabbing tort reform bills (the Tort Reform Package). Though much has been published about the Tort Reform Package's...more

McDermott Will & Emery

New Requirements for Illinois Dental Practices Using Third-Party Financing

McDermott Will & Emery on

Third-party financing services are frequently used by patients to finance out-of-pocket dental expenses. Effective January 1, 2025, dental practices in Illinois are prohibited from facilitating or assisting with patient...more

White & Case LLP

Singapore’s omnibus insolvency legislation

White & Case LLP on

The Insolvency, Restructuring and Dissolution Act 2018 (the "IRDA") came into force on 30 July 2020. The consolidation of all personal and corporate insolvency and debt restructuring legislation into a single statute, along...more

Butler Snow LLP

Increased Transparency For Litigation Funding Companies May Impact the Collateral Source Rule

Butler Snow LLP on

“Litigation investment” companies have been in the news frequently in the past year, and state legislatures and courts are taking note and taking action. ...more

Orrick, Herrington & Sutcliffe LLP

Arbitration and Mediation in Hong Kong: Financial Assistance on the Way

Hong Kong has traditionally been reluctant to allow claimants’ legal costs to be paid by third parties who have no direct legitimate interest in the outcome of the dispute. By virtue of legislation passed earlier this...more

Hogan Lovells

Updates to Hong Kong Arbitration Ordinance: third party funding and IP rights

Hogan Lovells on

Yesterday, on 14 June 2017, two sets of amendments to Hong Kong’s arbitration law were passed to clarify that: - third party funding of arbitration, mediation and related proceedings is permitted under Hong Kong law,...more

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