Legal Opinion
Justinian Capital SPC Ex Rel. Blue Heron Segregated Portfolio v. WestLB AG
New York Court of Appeals
Decided October 27, 2016No. 155PublishedCited by 28 opinions
1Opinion of the Court
OPINION OF THE COURT
Chief Judge DiFiore.
The concept of champerty dates back to French feudal times (Bluebird Partners v First Fid. Bank, 94 NY2d 726, 733-734 [2000]). In the English legal system, the word “champart” was used “as a metaphor to indicate a disapproval of lawsuits brought Tor part of the profits’ of the action” (id. at 734 [citations omitted]). As we have explained, the champerty doctrine was developed “to prevent or curtail the commercialization of or trading in litigation” (id. at 729). New York’s champerty doctrine is codified at Judiciary Law § 489 (1). As pertinent here, the…
2Cases cited12 opinions
- Zuckerman v. City of New YorkNew York Court of Appeals · 1980
- Gilbert Frank Corp. v. Federal InsuranceNew York Court of Appeals · 1988
- Moses v. . McDivittNew York Court of Appeals · 1882
- Bluebird Partners v. First Fidelity Bank, N. A.New York Court of Appeals · 2000
- Long v. Adirondack Park AgencyNew York Court of Appeals · 1990
7 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- People v. LaPierreAppellate Division of the Supreme Court of the State of New York · 2020
- Universal Investment Advisory SA v. Bakrie Telecom Pte., Ltd.Appellate Division of the Supreme Court of the State of New York · 2017
- PDVSA US Litigation Trust v. Lukoil Pan Americas, LLCCourt of Appeals for the Eleventh Circuit · 2021
- PDVSA U.S. Litig. Trust v. Lukoil Pan Americas LLCDistrict Court, S.D. Florida · 2019
- PDVSA US Litigation Trust v. Lukoil Pan Americas LLCCourt of Appeals for the Eleventh Circuit · 2023
23 more not listed; retrieve them via the Exa API.