We are encouraging Michiganders to contact their State Senator advocating for action.

Background: TPLF allows outside investors, often hedge funds, to finance lawsuits in exchange for a cut of the final award or settlement. Without proper oversight, TPLF essentially turns our justice system into an unregulated investment tool financed by litigants seeking justice.

The lack of transparency and guardrails allows secret financiers to discretely transform our legal system, create courtroom backlog, and reshape legal dockets from the shows of the system itself. Not only does this enable frivolous lawsuits, it also creates a significant national security risk right in out own courtrooms.

Solution: By enacting HB 5281, we can ensure TPLF remains a safe, accessible financing tool without jeopardizing fairness or safety. Reforms in this bill deliver transparency, guardrails, oversight, and protection for litigants on both side of a lawsuit, ensuring justice is the ultimate compass in our legal system.

Take Action Now: State Senators need to hear directly from you:

• Contact your State Senator today!
   
• Your voice matters. Lawmakers respond when voices from their own community engage directly, whether it's reaching out to their office or attending a coffee hour in their district.
   
• Please share your concerns and keep us informed of any conversations or feedback you receive.

Sample Lawmaker Message:

Subject: Stop Predatory Lawsuit Lending

Dear [Senator Name],

I am writing to urge you to support HB 5281, which would stop predatory lawsuit lending in Michigan.

Third Party Litigation Funding, or TPLF for short, allows financier to fund lawsuits in exchange for a cut of the final award or settlement. TPLF can be a useful tool for plaintiffs seeking financing for a lawsuit — but without the proper guardrails and oversight, hedge funds can use TPLF to turn our courts into an unregulated investment tool financed by litigants on both sides of a lawsuit.

Without transparency, secret financiers can discretely transform our legal system, create courtroom backlog, and reshape legal dockets from the shadows of the system itself. Plaintiffs could face influence on legal strategy, be left in the dark on funding sources, or worse yet win a lawsuit without even seeing a penny of the final settlement.

Lack of transparency also creates a significant national security threat in Michigan courtrooms, enabling foreign adversaries to discretely undermine our economy and obtain access to sensitive consumer data through discovery. 

In recent years, 23 states across the political spectrum have enacted common-sense TPLF transparency measures. Michigan can join a growing list of bipartisan states by passing HB 5281, protecting judicial financing tools without endangering litigants or jeopardizing the integrity of our legal system.

Thank you for your consideration.

Thank you,

[name]