[18] To the extent the doctrine of champerty and maintenance remains relevant in Canadian common law, even as means of protecting the courts and vulnerable litigants against abuses, its purpose is not and was never intended to be achieved by conferring on the courts the discretion to inquire into and approve or disapprove of a plaintiff's funding arrangements as a condition precedent to instituting or pursuing litigation. (slaw.ca)
As an internet search on the phrase «litigation finance» will quickly show — or a glance at a tag on the subject at Overlawyered — third - party financing of lawsuits has become a booming and largely unregulated business in the United States and a few other nations, even as champerty remains unlawful in many other countries. (overlawyered.com)
Casting aside traditional prohibitions on champerty and maintenance, the United Kingdom has of late thrown open its doors to «litigation finance» enterprises that fund legal actions as an investment in exchange for a share of the proceeds. (overlawyered.com)