litigation financing; requirements; attorney general
HB 2755 regulates litigation financing in Arizona by creating new rules for "litigation financiers" who provide funding for lawsuits. It specifically requires financiers using "litigation blind pools" (investor funds without case details) to maintain strict confidentiality about pending cases and investor information. The bill grants the Arizona Attorney General exclusive authority to enforce these rules, including investigating violations, requiring reports, and seeking court injunctions against noncompliance. This directly affects companies and individuals providing lawsuit financing, particularly those using blind pool structures, by imposing new transparency and confidentiality obligations.
Bill status
introduced
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 11, 2025
Last action Feb 12, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
David Marshall
RRepublican
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