“International Legal Experts Seek Consensus on Litigation Funding Disclosure Practices”

International litigation funding experts from the U.S. and Europe are engaging in discussions to identify common grounds on disclosure practices within the industry. Susanne Augenhofer, a professor affiliated with the University of Innsbruck and visiting professor at Yale Law School, emphasized the need for transparency regarding the identity of third-party funders without necessitating the full disclosure of the agreement itself. “Yes to disclosure, but only to the identity of the funder and the fact that a third-party funder is involved,” Augenhofer stated.

This highlights the ongoing debate about the balance between transparency and confidentiality in litigation funding, as highlighted in a more comprehensive discussion in the original article, though access may require a subscription. To read more, please visit the original article.