- champerty
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cham·per·ty /'cham-pər-tē/ n pl -ties [Anglo-French champartie bargaining for a share of disputed property, from champart share of crops paid as rent, share of property in dispute, from champ field + part portion]: an unenforceable agreement by which a person with otherwise no interest in a lawsuit agrees to aid in or carry on its litigation in consideration of a share of the subject matter of the suit (as property or damages) compare maintenance
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- champerty
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n.An illegal agreement between a party to a lawsuit and another person who agrees to pay the costs of pursuing the lawsuit in exchange for a share of the resulting proceeds.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- champerty
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An agreement between the party suing in a lawsuit (the plaintiff) and another person, who agrees to finance and carry the lawsuit in return for a percentage of the recovery. In some states, champerty is illegal. However, it is also the basis for the legal and commonly accepted practice of contingency fee arrangements with attorneys, who represent their clients and are paid from any award or settlement the plaintiff receives in the suit.Category: Small Claims Court & Lawsuits
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- champerty
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Champerty is a variety of maintenance, and occurs when the maintaining party contracts for a share of the proceeds of the action or suit
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
- champerty
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1 n. An agreement between a litigant and a person who is not a party to the action, including the litigant's lawyer, for that person to pursue or financially support the litigant's claim in exchange for a portion of any damages awarded. The practice was once prohibited by the common law and it is still forbidden in some states, thereby casting doubt on the legality of lawyers advancing costs for their clients, as in the payment of expert witness fees.2 v. To financially support or otherwise maintain or promote another person's claim.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- champerty
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n.an agreement between the party suing in a lawsuit (plaintiff) and another person, usually an attorney, who agrees to finance and carry the lawsuit in return for a percentage of the recovery (money won and paid). In common law this was illegal on the theory that it encouraged lawsuits. Today it is legal and often part of a "contingent fee" agreement between lawyer and client. It is not the same as barratry, which is active encouragement of lawsuits.
Law dictionary. EdwART. 2013.