Excerpt:
A federal judicial rules-making panel on Thursday agreed to study whether a nationwide rule requiring disclosure of third-party litigation funding in lawsuits is necessary at the urging of major companies, business groups and Republican lawmakers. After a decade of weighing whether it should do anything to regulate the emerging field of litigation finance, the U.S. Judicial Conference's Advisory Committee on Civil Rules at a meeting in Washington, D.C., agreed to create a subcommittee to examine the issue. [...]