Senate GOP aims to reveal companies funding lawsuits

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Senate GOP goals to disclose firms funding lawsuits

February 13, 2026, 8:15 am CST

4 U.S. Senate Republicans launched a invoice Tuesday proposing guidelines to drive firms that put money into lawsuits to establish themselves and chorus from interfering with settlements, based on Authorized Newsline.

Affected companies are referred to as third-party litigation funders that present cash up-front to plaintiffs’ legal professionals in alternate for a share of no matter is recovered in courtroom, the story states, and a few really feel that provides traders who aren’t events in courtroom proceedings management over them, the story says.

The Senate invoice, often called the Litigation Funding Transparency Act, would stop funders from influencing litigation technique and settlement negotiations and viewing proof underneath protecting orders, based on Authorized Newsline.

Sens. Chuck Grassley (R-Iowa), Thom Tillis (R-N.C.), John Kennedy (R-La.) and John Cornyn (R-Texas) launched the proposal.

(This story has been up to date to take away a earlier reference to an ongoing lawsuit and proposed settlement involving litigation funder Burford Capital.)

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