Stay Informed on Efforts to Protect New Yorkers Against Harmful & Hidden Lawsuit Lending

Transparency in third-party litigation funding (TPLF) is essential to protecting the integrity of New York’s civil justice system. Requiring disclosure of funding arrangements helps:

• Expose hidden financial interests: Identify outside investors who may influence litigation strategies or settlement decisions.

• Detect fraud and conflicts of interest: Uncover potentially improper financial relationships among attorneys, medical providers, and litigation funders, including those connected to staged accidents or unnecessary medical procedures.

• Protect injured plaintiffs: Ensure plaintiffs understand repayment obligations and how much of their settlements may go to funders.

• Promote fair settlements: Reveal financial incentives that could encourage prolonged litigation or discourage reasonable settlements.

• Enforce existing laws: Give courts and regulators information needed to identify prohibited funder influence, improper referral fees, and other violations.

Without meaningful disclosure, litigation funders can remain hidden from courts and opposing parties, making it harder to identify conflicts of interest, investigate potential fraud, and enforce consumer protections.  

Enter your information here so that we can keep you updated on CFLF’s efforts to increase transparency in the Empire State’s lawsuit lending industry, and let you know about future opportunities to contact your state lawmakers.