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Setting up special purpose vehicle to pursue debts “not champertous”, High Court rules
Setting up a company as a special purpose vehicle to pursue an individual and his family for debts, including through the courts, does not amount to champerty, the High Court has ruled.
Jersey court gives green light to third-party funding
The Royal Court of Jersey has endorsed the use of litigation funding on the island in a case funded by Harbour Litigation Funding. It is the second case in which funding has been approved in Jersey, but the first where the issue was fully argued.
