In a significant development on the TPLF front, on May 27, 2022, Illinois Governor J.B. Pritzker (D) signed into law the Consumer Legal Funding Act.
In an interesting development to watch, on June 28, 2022, the Delaware State Senate passed Delaware Senate Concurrent Resolution No. 127.
The insurance industry has experienced tremendous change in the past few years.
Third-party litigation funding is an issue that certainly warrants monitoring in 2022.
Federal rules committee recommends no immediate action for TPF disclosure rulemaking at recent meeting