U.S. Chamber of Commerce Institute for Legal Reform’s Post

I was honored to speak at New York University School of Law event, co-hosted by the European Law Institute (ELI), “Third-Party Litigation Through a Transatlantic Lens,” alongside an incredible group of experts from academia, litigation funding, and arbitration. The discussion focused on the evolving landscape of third-party litigation funding (TPLF) and the importance of transparency and regulation in this space. During the panel, I had the opportunity to highlight the U.S. Chamber of Commerce Institute for Legal Reform’s perspective on the critical need for disclosure in litigation funding As I shared (and reported in Law.com) “We completely agree with the European Law Institute’s decision to highlight the issue of disclosure as part of its report. This needs to be addressed urgently. It should be clear where the capital is coming from and whether there are any foreign or undesirable funds invested in litigation. We do not want litigation funding to become a money laundering machine.” Thank you to NYU Law, the European Law Institute, and all the panelists for such a thought-provoking discussion. It’s clear that cooperation between European and U.S. stakeholders is essential to ensure that litigation funding evolves responsibly and transparently.