David Levitt and DRI Third-Party Litigation Task Force Submit Letter in Support of a FRCP Rule Change Mandating Disclosure of Third-Party Litigation Funding Agreements
The September edition of DRI's The Voice publication reported that Hinshaw partner David Levitt – in his role as chair of the Third-Party Litigation Task Force at DRI Center for Law and Public Policy – had submitted a letter to the Committee on Rules of Practice and Procedure arguing in favor of a proposed amendment to the Federal Rules of Civil Procedure that would mandate disclosure of third-party litigation funding (TPLF) agreements.
The letter emphasized DRI's perspective that TPLF disclosure is necessary for the even-handed administration of justice and to guarantee that defendants, no less than plaintiff, are to "secure the just, speedy, and inexpensive determination of every action and proceeding" required by Fed.R.Civ.P. 1.
In August, Levitt published a Law360 article advocating for disclosure of litigation funding.