New Jersey A2159 mandates disclosure of third-party litigation funding agreements and sets responsibilities for funders.

New Jersey A2159 requires disclosure of third-party litigation funding agreements at the time of filing an initial pleading or when the agreement is made. It mandates that any amendments to these agreements be provided to the court and all parties. The bill defines a "litigation funding agreement" as a written agreement where a third party funds a party or affiliated law firm, creating an interest in the proceeds of a civil action. It prohibits funders from influencing case decisions, offering legal advice, or attempting to secure specific remedies.

New Jersey A2159 mandates disclosure of third-party litigation funding agreements and sets responsibilities for funders.

New Jersey A2159 requires disclosure of third-party litigation funding agreements at the time of filing an initial pleading or when the agreement is made. It mandates that any amendments to these agreements be provided to the court and all parties. The bill defines a "litigation funding agreement" as a written agreement where a third party funds a party or affiliated law firm, creating an interest in the proceeds of a civil action. It prohibits funders from influencing case decisions, offering legal advice, or attempting to secure specific remedies.