Coalition of businesses: TPLF 'fundamentally alters the dynamics' of litigation and potential settlements

A coalition of 124 businesses, such as Amazon, Bayer, The Allstate Corporation and General Motors, submitted a letter to H. Thomas Byron III, Secretary of the Committee on Rules of Practice and Procedure, calling for disclosure requirements of Third-Party Litigation Funding (TPLF) agreements in federal civil cases due to its impact on cases and settlements.