What is CHAMPERTY? Definition of CHAMPERTY in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
A bargain by a stranger with a party to a suit, by which such third person under- takes to carry on the litigation at his own cost and risk, in consideration of receiving, if successful, a part of the proceeds or subject sought to be re- covered. Small v. Mott, 22 Wend., N.Y., 405; Gil- man v. Jones, 87 Ala. 691, 5 So. 785, 7 So. 48, 4 L.R.A. 113; Jamison Coal & Coke Co. v. Goltra, C.C.A.Mo., 143 F.2d 889, 895, 154 A.L.R. 1191. An agreement between owner of claim and volunteer that latter may collect claim at his own expense and divide proceeds. Gibson v. Gillespie, 4 W.W. Harr. (Del.) 331, 152 A. 589, 593.
The purchase of an interest in a thing in dispute, with the object of maintaining and taking part in the litigation. 7 Bing. 378. "Maintenance" consists in maintaining, supporting, or promoting the litigation of another. "Champerty" is a bargain to divide the proceeds of litigation between the owner of the liquidated claim and a party supporting or enforcing the litigation. Draper v. Lebec, 219 Ind. 362, 37 N.E.2d 952, 956.
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That's the definition of CHAMPERTY in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.
