New York A07599 mandates disclosure of third-party consumer litigation financing agreements in personal injury cases.
New York A07599, known as the "sunshine in lawsuit funding act," amends the civil practice law and rules to require consumers or their legal representatives to disclose any third-party litigation financing agreements. These agreements must be disclosed to all parties in the litigation, including insurers, unless the court orders otherwise. The disclosure must occur without waiting for a discovery request. The act also allows litigation funding and participants to be subjects of discovery in personal injury cases, including wrongful death and cases involving infants or incapacitated persons.
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