Montana SB511 revises laws on litigation financing, including transparency and consumer protections, and restricts foreign entities from engaging in.
Montana SB511 amends the Litigation Financing Transparency and Consumer Protection Act, enhancing protections for consumers involved in litigation financing. It mandates that consumers or their legal representatives disclose any litigation financing contracts to all parties involved in the legal action. The bill also imposes joint and several liability on litigation financers for any costs or sanctions arising from the litigation.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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