An agreement to share the proceeds of litigation against Directors was champertous.
Citations:
Times 19-Jun-1995
Statutes:
Jurisdiction:
England and Wales
Cited by:
Appeal from – Ward v Aitken and Others; In re Oasis Merchandising Services Ltd CA 9-Oct-1996
The Court was asked as to the validity of the assignment by a liquidator to a litigation funder of the benefit of a wrongful trading claim against the directors of the company under section 214 of the IA 1986. The directors sought to stay the claim . .
Lists of cited by and citing cases may be incomplete.
Insolvency
Updated: 06 August 2022; Ref: scu.90298
