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Ep 141 ft. Mitu & Mark

Clauses & Controversies

CHAPTER

Champerty and Modern Litigation

This chapter explores the complexities of champerty, a legal doctrine limiting third-party involvement in lawsuits, through a recent court case involving PDVSA bonds. The discussion reveals the ethical implications of litigation finance and the challenges faced by bondholders, while highlighting the enduring relevance of historical legal principles. The chapter emphasizes the nuanced interplay between investors, legal reforms, and access to the judicial system.

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