(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.Added by P.L. 140-2024,SEC. 2, eff. 7/1/2024.