AB 2305: Attorneys: corporate legal funders.

The proposed law aims to regulate corporate investors involved in litigation practices. A corporate investor cannot interfere with a substantive litigation decision or exercise control over a litigation function. They are also prohibited from entering into contracts that would enable such interference or control. The law deems violations as cause for disciplinary action by the state bar, subjecting attorneys and corporate investors to statutory or actual damages, attorney's fees and costs, and other relief. The law defines terms for these purposes to ensure clear enforcement.