IRISH SUPREME COURT SUGGESTS HARBOUR LITIGATION FUNDING CAN PURCHASE EQUITY IN CLIENTS TO GET AROUND LAW OF CHAMPERTY
The Supreme Court in Ireland recently upheld a High Court ruling, which declared that Harbour Litigation’s 10 million pound investment in Persona’s lawsuit against both the state and Esat Digifone violates the Law of Champerty.
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Michael McDonald is an assistant professor of finance at Fairfield University in Connecticut. He holds a PhD in finance. Michael consults extensively with organizations ranging from Fortune 500 companies to start-up businesses on financial matters through Morning Investments Consulting. Michael has served as an expert witness in legal disputes, and is an arbitrator with the Financial Industry National Regulatory Authority (FINRA). Michael can be reached at M.McDonald@MorningInvestmentsCT.com.
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