Monday 31 January 2011

Champerty

The decision of the Court of Appeal last week holding that it was lawful for a solicitor to bear the risk of an adverse costs order if the claimant on a cfa lost is intriguing.It does indicate that solicitors can lawfully fund/support the claimant,an idea which i suspect Lord |Justice Jackson would approve of.Whether solicitors will want to become banker/funders is another matter.