Governor signs bill reining in third-party litigation funding, plus eight others

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Gov. Laura Kelly on Tuesday signed a bill requiring the disclosure of third-party litigation funding agreements, which critics have said weaken the traditional attorney-client relationship and gives outside funders undue influence in lawsuits.

Kansas has been wrestling for several years with third-party litigation agreements where parties unrelated to a lawsuit - usually a hedge fund or some other financier - invest in a plaintiff’s case in exchange for a slice of a settlement or judgment.

Critics say the practice of third-party funded lawsuits gives secret funders control . . .

SSJ

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