TBA Law Blog

TBA Law Blog

Judicial Panel Approves Corporate Disclosure Rules for Recusals

Posted by: Azya Thornton on Jun 8, 2026
News Type: Legal News

A federal judicial panel last week approved a rule change designed to help make judges aware of situations when they must recuse themselves from cases. Reuters reports that the U.S. Judicial Conference's Committee on Rules of ‌Practice and Procedure approved a final rule designed to address concerns that judges were not being adequately informed that they might have a potential financial interest that would warrant ​recusal. The panel endorsed amending Rule 7.1 of the Federal Rules of Civil Procedure to ​require parties in a lawsuit to disclose directly or indirect ⁠ownership by a publicly held business organization or parent entity with a 10% or more stake. The proposal was prompted in part by concerns that judges were not always aware of ownership structures involving large corporations. The rule change now moves to the Judicial Conference of the United States for review before consideration by the U.S. Supreme Court and Congress. If approved, the amendment would take effect Dec. 1, 2027.

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