Google Backs Bill Demanding Disclosure Of Funders, Third-Party Beneficiaries In Lawsuits

Earlier this month, 100 companies including Google and Amazon.com Inc., had signed a letter urging the Administrative Office of the U.S. Courts to implement mandatory disclosure of litigation financing in federal civil cases. (Credit: AFP)

A bill introduced by California Republican Representative Darrell Issa, aimed at enhancing transparency over funding and third-party beneficiaries in civil lawsuits, has garnered support from Google.

The federal legislation mandates plaintiffs to disclose any investors who stand to profit from the outcome of a civil lawsuit and requires parties to reveal the details of financing agreements with investors.