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§ 24-12-11-5 — Indiana Law | CourtGPT
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  4. Title 24 - Trade Regulation/
  5. Article 12 - Civil Proceeding Advance Payments/
  6. Chapter 11 - Commercial Litigation Financing24-12-11-1. Definitions/
  7. § 24-12-11-5
Indiana Legal Code

§ 24-12-11-5

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