H.R. 9922, titled the "Litigation Transparency Act of 2024," aims to ensure openness in civil court cases by requiring parties involved to disclose any third-party beneficiaries who stand to gain from the case's outcome. If someone other than the lawyers could get money or other benefits...
Simple Explanation
In simple terms, this bill wants to make sure everyone knows who else might gain from a court case, like if someone would get money if one side wins, except for regular loans or lawyer fees. It's like making sure all the other people who might get a prize in a game are known.