Delaware

What Litigation Funding Disclosure In Delaware May Look Like – Law360

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2 years ago

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By Cayse Llorens and Matthew Oxman (June 10, 2022, 5:34 PM EDT) — U.S. District Courtroom for the District of Delaware Chief Decide Colm Connolly captured the eye of the litigation finance group this spring when he issued a standing order declaring that any litigant receiving nonrecourse funding from a 3rd occasion should disclose that reality, offered the case is heard in Decide Connolly’s courtroom.[1]

At first blush, the April 18 order was unwelcome information for the litigation funding business and events that face a useful resource drawback in court docket.

Like most of our business friends, we imagine the burdens of disclosure typically outweigh the advantages. To see necessary disclosure take root in Delaware — the…

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