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5 Sep 2006, 4:10 pm
Curtiss, 56 F.R.D. 26 (S.D.N.Y. 1971) - the assignment of certain IP that was expressly conditioned on the assignee bringing suit was champertous, and therefore void.However, in cases where the financier took some (minimal) care in ensuring that the agreement wasn't solely based on litigation alone, the courts have found the agreements non-champertous.Litigation financing is becoming more common and is definitely a controversial practice in the eyes of many defendants (one author recently… [read post]