Issa Renews Push for Litigation Funding Transparency in Courts

Rep. Darrell Issa used a hearing on foreign abuse of US courts Tuesday to press for legislation that would require disclosure of litigation funding in civil lawsuits.

Issa (R-Calif.) said requiring plaintiffs disclose backing from outside investors is fair given that defendants already share financial information such as insurance policies under court rules.

“In civil matters that often is a one-way street,” said Issa, chair of a House Judiciary Subcommittee panel that held the hearing. Disclosure “is not always the case” for the plaintiff, he said.

The hearing was another of the sporadic attempts in Congress to shine a light ...