Mark Behrens, Chair of the Civil Justice Response Committee of the International Association of Defense Counsel (IADC), talks about Commerce Request to Regulate Third Party Funding. The IADC supports the U.S. Chamber of Commerce’s recent petitioning of Federal Rules of Civil Procedure to require disclosure of third party funding in all cases. According to Behrens, mandatory disclosure will help shift the burden of discovery costs away from defendants. Behrens states that litigation is normally about the discovery as opposed to the claim, and “plaintiffs use broad discovery requests as a weapon to try to force settlements unrelated to the merits of the case.”
Read full article at LitigationFinanceJournal.com
Summarized by Natalia Tsar.