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La. bill would limit third-party litigation financing harm

(The Center Square) — A measure to rein in some of the drawbacks of third-party litigation financing (TPLF) has been introduced in Louisiana in the wake of a new report showing that the economic harm caused by TPLF now exceeds $600 per household nationally.

State Rep. Emily Chenevert, R-Baton Rouge, filed House Bill 240 on Feb. 20 as a way to limit the inflationary pressures and reduced economic gr…

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