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NH HB1384
Bill
Status
12/4/2025
Primary Sponsor
Brian Cole
Click for details
AI Summary
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Creates the "Third-Party Litigation Funding Transparency Act" (RSA 294-F) to regulate commercial litigation financing agreements and lawyer financing agreements in New Hampshire
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Prohibits commercial litigation financiers from entering agreements with foreign entities or countries of concern, including those on U.S. sanctions lists or designated as foreign adversaries
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Requires claimants or their counsel to disclose commercial litigation financing agreements to the court within 30 days of filing a lawsuit or executing the agreement, and provide sworn statements to all parties identifying funders and any foreign connections
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Bars litigation financiers from controlling or approving litigation decisions, or receiving confidential materials under protective orders without explicit authorization
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Effective date of January 1, 2027, applying only to financing agreements executed on or after that date
Legislative Description
Relative to prohibiting foreign adversary persons or foreign entities of concern from financing lawsuits.
Last Action
Ought to Pass with Amendment 2026-0921h: Motion Adopted DV 183-151 03/12/2026 House Journal 8
3/12/2026