{"id":8958,"date":"2020-12-14T07:27:37","date_gmt":"2020-12-14T07:27:37","guid":{"rendered":"https:\/\/companyhub.liquid-themes.com\/staging\/?page_id=8958"},"modified":"2024-09-07T01:17:07","modified_gmt":"2024-09-07T05:17:07","slug":"about","status":"publish","type":"page","link":"https:\/\/askabouttplf.com\/?page_id=8958","title":{"rendered":"Why Ask About TPLF?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"8958\" class=\"elementor elementor-8958\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-27120b7b e-flex e-con-boxed e-con e-parent\" data-id=\"27120b7b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a3143ce elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a3143ce\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0178d35\" data-id=\"0178d35\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a813ad elementor-widget elementor-widget-text-editor\" data-id=\"0a813ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Courts and parties to civil litigation must <strong>Ask About TPLF<\/strong> in order to know who is controlling decisions in the courtroom, avoid conflicts of interest and disruptions to the legal process, and comply with basic procedural rules. Today banks, Wall Street hedge funds, foreign sovereign wealth funds and other entities invest secretive third-party funding in lawsuits and have more than $15 billion in assets dedicated to U.S. civil litigation &#8212; betting that they can earn big returns from large legal judgments and settlements.<\/p><h4><span style=\"font-weight: 600;\">Because these funding arrangements are usually not disclosed, courts and parties don\u2019t know:<\/span><\/h4><ul><li><strong>how many or which cases<\/strong> potentially involve such funding,<\/li><li><strong>the extent of the funders\u2019 influence or control over decisions, <\/strong><\/li><li>the<strong> potential for conflicts<\/strong> or<\/li><li>the<strong> role or impact that third-party funders may have in cases. <\/strong><\/li><\/ul><p>These are all reasons why courts and parties need to Ask About TPLF \u2014 and need to ask about it in the right way. Unfortunately, the approach some courts use to raise the topic \u2013 verbally in open court or <em>ex parte<\/em> in chambers \u2013 is ineffective and unfair. Courts should order disclosure of TPLF agreements, and a rule is needed to provide a consistent process across all federal courts.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-ea55d1c e-flex e-con-boxed e-con e-parent\" data-id=\"ea55d1c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e10c2ba elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e10c2ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9fb5c4d elementor-widget elementor-widget-heading\" data-id=\"9fb5c4d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">TPLF in the News<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5aef55b elementor-grid-4 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"5aef55b\" data-element_type=\"widget\" data-e-type=\"widget\" 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.elementor-element.elementor-element-6ba27c41{text-align:start;}.elementor-10418 .elementor-element.elementor-element-6ba27c41 .elementor-heading-title{font-size:19px;line-height:1.2em;}.elementor-10418 .elementor-element.elementor-element-4cb17394{text-align:start;}.elementor-10418 .elementor-element.elementor-element-4cb17394 .elementor-heading-title{font-size:16px;line-height:1.2em;}.elementor-10418 .elementor-element.elementor-element-0a0d383{--justify-content:flex-start;--margin-top:10px;--margin-bottom:6px;--margin-left:0px;--margin-right:0px;}.elementor-10418 .elementor-element.elementor-element-ff60297{text-align:start;}.elementor-10418 .elementor-element.elementor-element-ff60297 .elementor-heading-title{font-size:12px;line-height:1.2em;}.elementor-10418 .elementor-element.elementor-element-a41a1ff{text-align:start;}.elementor-10418 .elementor-element.elementor-element-a41a1ff .elementor-heading-title{font-size:16px;line-height:1.2em;}}<\/style>\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"10418\" class=\"elementor elementor-10418 e-loop-item e-loop-item-10841 post-10841 post type-post status-publish format-standard hentry category-news category-tplf-in-the-news source-law360\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-1f87b023 e-con-full e-flex e-con e-parent\" data-id=\"1f87b023\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/legalfundingjournal.com\/joint-ilr-lcj-letter-calls-on-advisory-committee-on-civil-rules-to-adopt-third-party-litigation-funding-disclosure-rule-recommends-rule-text\/\" target=\"_blank\">\n\t\t<div class=\"elementor-element elementor-element-736043c e-con-full e-flex e-con e-child\" data-id=\"736043c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-73fa73d3 elementor-widget elementor-widget-heading\" data-id=\"73fa73d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">April 14, 2026<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ba27c41 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"6ba27c41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Judiciary Panel Backs Legal Finance Project, Subpoena Rules<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4cb17394 elementor-widget elementor-widget-heading\" data-id=\"4cb17394\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Law360<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0a0d383 e-con-full e-flex e-con e-child\" data-id=\"0a0d383\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ff60297 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ff60297\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">By Jeff Overley<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"10418\" class=\"elementor elementor-10418 e-loop-item e-loop-item-10830 post-10830 post type-post status-publish format-standard hentry category-news category-tplf-in-the-news source-legal-funding-journal\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-1f87b023 e-con-full e-flex e-con e-parent\" data-id=\"1f87b023\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/legalfundingjournal.com\/joint-ilr-lcj-letter-calls-on-advisory-committee-on-civil-rules-to-adopt-third-party-litigation-funding-disclosure-rule-recommends-rule-text\/\" target=\"_blank\">\n\t\t<div class=\"elementor-element elementor-element-736043c e-con-full e-flex e-con e-child\" data-id=\"736043c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-73fa73d3 elementor-widget elementor-widget-heading\" data-id=\"73fa73d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">March 12, 2026<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ba27c41 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"6ba27c41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Joint ILR-LCJ Letter Calls on Advisory Committee on Civil Rules to Adopt Third-Party Litigation Funding Disclosure Rule, Recommends Rule Text<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4cb17394 elementor-widget elementor-widget-heading\" data-id=\"4cb17394\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Legal Funding Journal<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0a0d383 e-con-full e-flex e-con e-child\" data-id=\"0a0d383\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"10418\" class=\"elementor elementor-10418 e-loop-item e-loop-item-10829 post-10829 post type-post status-publish format-standard hentry category-news category-tplf-in-the-news source-ip-watchdog\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-1f87b023 e-con-full e-flex e-con e-parent\" data-id=\"1f87b023\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/ipwatchdog.com\/2026\/03\/12\/legal-groups-push-mandatory-disclosure-litigation-funders\/\" target=\"_blank\">\n\t\t<div class=\"elementor-element elementor-element-736043c e-con-full e-flex e-con e-child\" data-id=\"736043c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-73fa73d3 elementor-widget elementor-widget-heading\" data-id=\"73fa73d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">March 12, 2026<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ba27c41 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"6ba27c41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Legal Groups Push for Mandatory Disclosure of Litigation Funders<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4cb17394 elementor-widget elementor-widget-heading\" data-id=\"4cb17394\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">IP Watchdog<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0a0d383 e-con-full e-flex e-con e-child\" data-id=\"0a0d383\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ff60297 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ff60297\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">By Rose Esfandiari<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"10418\" class=\"elementor elementor-10418 e-loop-item e-loop-item-10825 post-10825 post type-post status-publish format-standard hentry category-campaign-news category-news category-tplf-in-the-news tag-tplf-in-the-news source-institute-for-legal-reform source-lawyers-for-civil-justice\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t<a class=\"elementor-element elementor-element-1f87b023 e-con-full e-flex e-con e-parent\" data-id=\"1f87b023\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/askabouttplf.com\/wp-content\/uploads\/2026\/03\/FINAL-Joint-TPLF-PR-3.12-.pdf\" target=\"_blank\">\n\t\t<div class=\"elementor-element elementor-element-736043c e-con-full e-flex e-con e-child\" data-id=\"736043c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-73fa73d3 elementor-widget elementor-widget-heading\" data-id=\"73fa73d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">March 12, 2026<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ba27c41 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"6ba27c41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Joint ILR-LCJ Letter Calls on Advisory Committee on Civil Rules to Adopt Third-Party Litigation Funding Disclosure Rule, Recommends Rule Text<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4cb17394 elementor-widget elementor-widget-heading\" data-id=\"4cb17394\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Lawyers for Civil Justice, Institute for Legal Reform<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0a0d383 e-con-full e-flex e-con e-child\" data-id=\"0a0d383\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Courts and parties to civil litigation must Ask About TPLF in order to know who is controlling decisions in the courtroom, avoid conflicts of interest and disruptions to the legal process, and comply with basic procedural rules. Today banks, Wall Street hedge funds, foreign sovereign wealth funds and other entities invest secretive third-party funding in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-8958","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/askabouttplf.com\/index.php?rest_route=\/wp\/v2\/pages\/8958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/askabouttplf.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/askabouttplf.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/askabouttplf.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/askabouttplf.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8958"}],"version-history":[{"count":0,"href":"https:\/\/askabouttplf.com\/index.php?rest_route=\/wp\/v2\/pages\/8958\/revisions"}],"wp:attachment":[{"href":"https:\/\/askabouttplf.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}