TBA Law Blog


Posted by: Stacey Shrader Joslin on Jan 15, 2026

The latest congressional effort to place disclosure requirements on outside investors' financial stakes in U.S. litigation appears to have faltered after Democratic and Republican lawmakers expressed opposition to the bill, Reuters reports. On Tuesday, the U.S. House Judiciary Committee ended debate on the legislation without a vote. The new bill from Darrell Issa, R-California, would require all parties in a lawsuit to disclose to the judge everyone with a "legal right to receive any payment or thing of value" in a settlement or jury verdict, and disclose the details of financial agreements to all parties in the litigation. An earlier bill from Issa was pulled from consideration last fall amid opposition from Democratic lawmakers on the committee and conservative groups.