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Recent Court of Appeals Case Sheds Light on Scope of Champerty Doctrine

, New York Law Journal

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Thomas T. Janover and David E. Blabey Jr. write: The New York Court of Appeals recently issued an important new opinion on the reach of New York Judiciary Law §489, which bars certain forms of trading in litigation claims. The decision, in the Justinian Capital case, breathes new life into what is known as champerty, a doctrine many had thought to be largely dormant in New York.

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