§ 24-12-11-5 — Discovery; required notice

Indiana § 24-12-11-5

• Jurisdiction: Indiana
• Art. 12: CIVIL PROCEEDING ADVANCE PAYMENTS
• Ch. 11: Commercial Litigation Financing

Text

(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.

Legislative History

As added by P.L.140-2024, SEC.2.