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Funding of action

Funding of action - 1994 - Estates Gazette Case Summaries 1994 EGCS 136 (30/7/94) .

"Grovewood Holdings plc v James Capel & Co Ltd" ChD 19 July 1994. Application by defendant to stay proceedings brought about by liquidator of collapsed property company on allegations of misrepresentation and negligence was allowed on the grounds that the action was to be funded pursuant to a champertous arrangement.

Subjects--Topical Terms:
CHAMPERTY
Insolvency
LIQUIDATION
MISPRESENTATION
NEGLIGENCE

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