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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 5. (a) In a civil proceeding in which a plaintiff enters into a commercial litigation financing agreement, the contents of the commercial litigation financing agreement are subject to discovery under the Indiana Rules of Trial Procedure by:
(1) a party other than the plaintiff; or
(2) an insurer that has a duty to defend another party in the civil proceeding.
(b) In a civil proceeding in which a plaintiff enters into a commercial litigation financing agreement that is directly or indirectly financed by a foreign person, the plaintiff or the plaintiff's attorney shall provide to:
(1) each of the other parties in the civil proceeding; and
(2) each insurer that has a duty to defend another party in the civil proceeding;
written notice that the plaintiff has entered into a commercial litigation financing agreement.
(c) A plaintiff or the plaintiff's attorney shall provide the written notice required by subsection (b) within a reasonable time after the date on which the commercial litigation financing agreement was executed.
Cite this article: FindLaw.com - Indiana Code Title 24. Trade Regulation § 24-12-11-5 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-24-trade-regulation/in-code-sect-24-12-11-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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