noun
- plural of champerty; illegal agreements where a third party finances a lawsuit in exchange for a share of any award
Usage: legal term; archaic in many jurisdictions
Examples
- The court ruled that the funding arrangements constituted champerties.
- Medieval laws prohibited champerties to prevent abuse of the legal system.
- Modern litigation financing has replaced traditional champerties in many jurisdictions.
- The attorney was sanctioned for engaging in champerties with his clients.
- Legal reforms have made most champerties obsolete in contemporary practice.