Georgia Limits Outside Funders’ Control of Suits in New Law (1)

Georgia Governor Brian Kemp (R) signed a bill regulating the litigation funding industry into law on Monday.

The new law allows funding agreements to be discoverable in court and bans funders from directing the cases they bankroll, including having a say in legal counsel selections and settlement decisions. It requires funders to register with the state and prohibits foreign governments and entities designated by the US Commerce Department as foreign adversaries from backing cases in the state’s courts.

“Today is a victory for the people of our state who for too long were suffering the impacts of an out-of-balance legal ...