champerty
n.
act of promoting the suit of a plaintiff or defendant in return for a share of the proceeds of the case (Law)
Champerty
Champerty is the practice of a third party participating in a
lawsuit in order to share in the proceeds. Among laypersons, this is known as "buying into someone else's lawsuit."
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Champerty
(n.)
The prosecution or defense of a suit, whether by furnishing money or personal services, by one who has no legitimate concern therein, in consideration of an agreement that he shall receive, in the event of success, a share of the matter in suit; maintenance with the addition of an agreement to divide the thing in suit. See Maintenance.
(n.)
Partnership in power; equal share of authority.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
About
Champerty
When a person agrees to finance someone else's lawsuit in exchange for a portion of the judicial award. - (
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Champerty, Champertor
CHAMPERTY - A bargain with a plaintiff or defendant, campum partire, to divide the land or other matter sued for between them if they prevail at law, the champertor undertaking to carry on the suit at his own expense.
This offence differs from maintenance in that in the latter the person assisting the suitor receives no benefit, while in the former he receives one half, or other portion, of the thing sued for. This was an offence in the civil law. To maintain a defendant may be champerty.
While elements of champerty remain violations of law or attorney ethics, the prohibitions have been greatly relaxed in modern times and generally now prohibit only the attorney formally covering all costs of an action.
CHAMPERTOR - One who makes pleas or suits, or causes them to be moved, either directly or indirectly, and sues them at his proper costs, upon condition of having a part of the gain.
This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
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