HB2619

Oklahoma HB2619 creates the Foreign Litigation Funding Prevention Act, requiring production of commercial litigation funding agreements and.

Oklahoma HB2619 amends the Oklahoma Discovery Code by requiring parties to produce commercial litigation funding agreements upon request. These agreements, defined as those where a funder receives compensation contingent on litigation proceeds, are not admissible as evidence. The bill also mandates certification with the production of such agreements, including details of the funding source. This legislation aims to regulate the discovery process in commercial litigation cases involving third-party funding.