Publication Date

Winter 2011

Journal

DePaul Law Review

Abstract

The article challenges the notion that champerty, a form of third-party litigation funding, is a form of gambling. It argues that champerty serves a functional purpose similar to insurance by transferring risk, thereby providing a legitimate form of "after the event" insurance for plaintiffs. The author, Anthony Sebok, contends that while champerty involves contingent outcomes, it should be recognized for its role in risk management rather than being dismissed as speculative gambling.

Volume

60

Issue

2

First Page

453

Last Page

472

Publisher

DePaul University College of Law

Disciplines

Insurance Law | Law | Legal Ethics and Professional Responsibility | Legal Profession

Comments

Symposium: The Limits of Predictability and the Value of Uncertainty: Sixteenth Annual Clifford Symposium on Tort law and Social Policy

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