Protecting Third Party Litigation Funding From Abuse Act aims to ensure transparency and oversight of third-party beneficiaries in civil cases.

The Protecting Third Party Litigation Funding From Abuse Act amends title 28, United States Code, to mandate transparency and oversight of third-party beneficiaries in civil actions. It requires parties or counsel to disclose the identity of any third-party beneficiary who has a legal right to receive payments contingent on the case outcome. These disclosures must occur within specific timeframes, including 10 days after the execution of any related agreement or the time set by the court.

Protecting Third Party Litigation Funding From Abuse Act aims to ensure transparency and oversight of third-party beneficiaries in civil cases.

The Protecting Third Party Litigation Funding From Abuse Act amends title 28, United States Code, to mandate transparency and oversight of third-party beneficiaries in civil actions. It requires parties or counsel to disclose the identity of any third-party beneficiary who has a legal right to receive payments contingent on the case outcome. These disclosures must occur within specific timeframes, including 10 days after the execution of any related agreement or the time set by the court.