Requires disclosure of third-party litigation funding agreements and establishes certain responsibilities for litigation funders.

Summary

The bill mandates that any party or attorney disclose any third‑party funding agreement to the court and all parties at the time of filing, and it imposes a fiduciary duty on funders. It also bars funders from influencing case strategy, giving legal advice, or receiving more than 25% of the recovery (with combined funder and attorney fees not exceeding 50%). Violations can trigger court sanctions and make the funding agreement unenforceable.

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