Bill Summary

by Basabe

Litigation Financing: Requires courts to consider potential conflicts of interest that may arise from existence of litigation financing agreement in specified circumstances; prohibits specified acts by litigation financiers; requires certain parties that enter into specified litigation financing agreements to serve specified notice; provides requirements for such notices; provides that certain information is not required to be included in such notices; authorizes courts to take specified actions relating to such notices; prohibits foreign funders from taking specified actions; provides construction; provides that litigation financing agreement is void & unenforceable in specified circumstances; provides for enforcement of specified violations under Florida Deceptive & Unfair Trade Practices Act; authorizes court, agency, or tribunal of competent jurisdiction to impose fines or other sanctions for certain violations. Effective Date: July 1, 2026

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