Liability Minute Blog

The Liability Minute blog is a resource provided by ISBA Mutual, offering concise and insightful updates on emerging legal issues. This platform keeps legal professionals informed about the latest developments and trends in liability law, helping them navigate complex legal landscapes with ease. Each minute-long segment distills critical information into a digestible format, ensuring that practitioners stay current and well-equipped to address evolving legal challenges.

Litigation Financing Transparency Act: Illinois Curbs Third-Party Lawsuit Investments

The Litigation Financing Transparency Act is Illinois' answer to a rapidly growing and largely unregulated industry. Outside investors, not parties to a lawsuit, lend money to plaintiffs to cover legal costs. In return, they collect a share of any recovery. The practice now underwrites tens of thousands of cases annually against pharmaceutical companies, tech firms, food producers, and other large defendants. Illinois courts are no exception.

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Illinois Supreme Court Rule 9: 2025 Amendment & E-Filing Deadlines

Illinois Supreme Court Rule 9 governs electronic filing (e-filing) in Illinois civil cases. It explains what happens when a time-sensitive filing is delayed by a system problem or rejected by the clerk. Since statewide e-filing became mandatory, Rule 9 has been the safety valve lawyers rely on when something goes wrong between “submission” and “acceptance.”

The practical issue is simple: many documents are not considered filed just because you uploaded them. Furthermore, if the clerk rejects the submission and you fix it after the deadline, you may need Rule 9(d) relief to treat the document as timely. That’s why Rule 9 matters for everyday risk management, especially for statute-of-limitations complaints, post-judgment motions, and appellate-deadline filings. The 2025 amendment is significant because it changed the standard courts use when deciding whether to backdate a corrected e-filing after a rejection, making outcomes more predictable when the rule’s requirements are met.

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