New Jersey now has a sweeping lit funding disclosure rule. Does it matter?

(Reuters) - There is no such thing as a casual discussion about whether courts should require some form of disclosure of commercial litigation finance agreements.

Every disclosure proposal – whether it’s in a state legislature or bar association, in Congress, in a federal rules committee, or a federal district court – is tantamount to a declaration of nuclear war, between commercial litigation funders and the U.S. Chamber of Commerce.

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