Funding

Foreign Funding of Mass Tort Litigations Raises National Security Concerns and Threatens American Innovation

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Washington, D.C. – Innovation is a critical asset for the United States, but it is facing a growing threat. Foreign competitors and adversaries are increasingly engaging in industrial espionage against American companies, posing a significant risk to national security. One emerging avenue through which foreign entities can gain access to sensitive information and manipulate the American economy is the third-party funding of mass tort litigation. To address this issue, a change in the law is necessary. Mass tort litigations involve lawsuits filed by lawyers who specialize in suing large corporations for damages caused by their … Read more

Unmasking the Controversial Impact of Third-Party Litigation Funding on Public Health, Innovation, and Patients

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NASHVILLE, Tennessee – Third party litigation funding (TPLF) has become an increasingly prevalent practice in the civil justice system, impacting various sectors, particularly medical technology manufacturers. However, concerns are being raised about the potential misuse of TPLF, arguing that it adversely affects public health, hampers innovation, and poses risks for patients. The use of TPLF has expanded significantly in recent years, contributing to the rise of mass tort litigation. Typically, this funding involves a third party providing financial assistance to claimants in exchange for a portion of any settlement or judgment in their favor. While … Read more

Tehama County Grand Jury Report Unveils Inequitable Well Registration Fees and Funding Challenges

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Red Bluff, California – The Tehama County Grand Jury released its report on Thursday, highlighting multiple recommendations including the repayment of well registration fees and finding a solution to repay the funds borrowed from the county’s road department. The report was a culmination of investigations into the groundwater commission, revealing inconsistencies and inequities in the procedures used to assess fees and gather well data in the county. According to the grand jury, the assessment of well registration fees was deemed inequitable due to inconsistent implementation and administration. The county’s process for determining the number of … Read more

Judge Rules Nelson County Board of Education Violated Open Meetings Act and Orders Funding for District Facilities Plan

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BARDSTOWN, KY – In a recent lawsuit between NC Forward and the Nelson County Board of Education, Judge Mark A. Thurmond ruled that the board violated the Open Meetings Act. Acting as the special judge in the case, Thurmond also issued a temporary order to proceed with funding the current District Facilities Plan. The lawsuit, filed by NC Forward, highlights several new developments. Former board member Damon Jackey and former board attorney Eric Farris have resigned, and board member Tracy Bowling made a public statement about business conducted outside of public meetings. Matthew Hite, the … Read more