Aggrement opposed to public policy

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prachi garg

prachi garg (Querist)
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30 November 2013 what is meaning of champerty and maintenance in cpt mercantile law

Nikhil Kaushik

Nikhil Kaushik (Expert)
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30 November 2013 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.

For eg. You have a dispute and I fund it on the basis of an agreement that you will share, lets say, 20% of the compensation received.

However, to be honest such things are now being done under the garb of contingency fees and no one is questioning it.

Maintenance is funding to defend a case where one has no interest in it.

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