H.E.A. 1160, P.L. 140 Effective: July 1, 2024 Prevents a CPAP provider from making any decision, having any influence, or directing the consumer claimant or the consumer claimant's attorney with respect to the conduct of the underlying civil proceeding. Provides that a commercial litigation financier may not provide funding to a commercial litigation financing agreement that … [Read more...] about Civil proceeding advance payment contracts and commercial litigation financing
contracts
Civil proceeding advance payment contracts
The Senate Judiciary Committee heard HB 1124 on civil proceedings advance payment contracts (CPAP)(for profit litigation funding) sponsored by Sen. Liz Brown and Sen. Mark Messmer. Rep Matt Lehman introduced the bill explaining it requires anyone entering a CPAP contract to provide notice of the existence the contract to other parties in a civil litigation. CPAP must also be shared … [Read more...] about Civil proceeding advance payment contracts
Civil proceeding advance payment contracts
The House Judiciary Committee heard HB 1124 authored by Rep. Lehman on civil proceeding advance payment (CPAP) contracts. This bill requires anyone entering into a CPAP contract to provide that contract to other parties in a civil litigation and any insurer that has a duty to defend another party in the civil action. The CPAP industry testified in opposition and the Insurance … [Read more...] about Civil proceeding advance payment contracts