Navigation Push to regulate third-party litigation funding hits roadblock stalling transparency legislation in Florida
Florida’s push to regulate third-party litigation funding (TPLF) hit a roadblock in 2024 as key bills, HB 1179 and SB 1276, stalled in the House Judiciary Committee.
Aimed at increasing transparency and curbing funders’ influence on legal strategies, the proposed legislation faced strong opposition from the trial bar, though supporters argue it would protect consumers and reduce frivolous lawsuits. Critics, including U.S. Senators Marco Rubio and Rick Scott, raised concerns about undisclosed foreign investments influencing U.S. courts. While the bills failed to advance, lawmakers plan to reintroduce them in the next session, as the debate over TPLF reform intensifies across the nation.
Third-party ligitation funding is a practice where non-parties finance litigation in exchange for a share of the proceeds.
