Industry Groups Seek Amendment of Rule 26 to Require Disclosure of Third Party Litigation Financing

Representatives of the U.S. Chamber of Commerce Institute for Legal Reform, American Insurance Association, American Tort Reform Association, Lawyers for Civil Justice, and National Association of Manufacturers have submitted a letter to Administrative Office of the U.S. Courts, requesting the that Rule 26 of the Federal Rules of Civil Procedure be amended to require disclosure of third-party litigation financing.  The Institute for Legal Reform also has provided a summary of their request.