Grovewood Holdings Plc v James Capel & Co Ltd

Hearings

England & Wales

19 Jul 1994 [1995] Ch 80; [1995] 2 WLR 70; [1994] 4 All ER 417, Ch D

Subject Matter

MAINTENANCE OF SUIT — Champerty — Assignment of fruits of action — Company commencing action against defendant — Company going into liquidation — Liquidator not having funds to pursue action — Liquidator entering into arrangement whereby third parties funding action in return for share of recoveries — Whether arrangement champertous — Whether action to be stayed — Insolvency Act 1986, Sch 4, para 6

[1995] Ch 80; [1995] 2 WLR 70

Commentary

Blackstones Civil Practice 2023
Assignment of Causes of Action: Maintenance and Champerty - Maintenance and champerty - Scope of maintenance and champerty 14.8

Stays to Enforce Compliance with Orders 56.4